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Author Question: If the demand for a good is perfectly elastic, then the demand curve is horizontal. Indicate ... (Read 55 times)

crazycityslicker

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on: Jun 29, 2018
If the demand for a good is perfectly elastic, then the demand curve is horizontal.
 
  Indicate whether the statement is true or false

Question 2

If a life insurance company offers coverage regardless of age, health status, or smoking history, it is likely to suffer
 
  A) moral hazard problems.
  B) adverse selection problems.
  C) lower costs.
  D) low demand for its product.


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heyhey123

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

TRUE

Answer to Question 2

B


crazycityslicker

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  • Posts: 537
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

mohan

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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