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Author Question: Refer to Table 2-12. Honduras has a comparative advantage in the production of A) sailboats. B) ... (Read 67 times)

daltonest1984

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on: Jun 29, 2018
Refer to Table 2-12. Honduras has a comparative advantage in the production of
 
  A) sailboats. B) canoes. C) both products. D) neither product.

Question 2

Pricing insurance policies is made difficult because buyers have more information than sellers. This difficulty is an example of
 
  A) adverse selection. B) asymmetric information.
  C) the free-rider problem. D) moral hazard.


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deja

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


daltonest1984

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

gcook

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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