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Author Question: The tendency for people who are more at risk than the average to purchase insurance and for those ... (Read 114 times)

vowens

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on: Oct 12, 2022

Question 1

Self-selection, within a single risk category, of persons of above-average risk is known as
◦ a positive externality.
◦ moral hazard.
◦ asymmetric information.
◦ symmetric information.
◦ adverse selection.

Question 2

The tendency for people who are more at risk than the average to purchase insurance and for those who are less at risk than the average to reject insurance is known as
◦ asymmetric information.
◦ the free-rider problem.
◦ symmetric information.
◦ over-consumption.
◦ adverse selection.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by vowens on Oct 12, 2022

dude123

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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vowens

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Reply 2 on: Oct 12, 2022
:D TYSM

bdobbins

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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