This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the above figure, in order to achieve efficiency, a tax of ________ per unit is needed. A) 3 ... (Read 66 times)

EY67

  • Hero Member
  • *****
  • Posts: 531
on: Jun 29, 2018
In the above figure, in order to achieve efficiency, a tax of ________ per unit is needed.
 
  A) 3
  B) 6
  C) 0
  D) 2

Question 2

If Sally drives less carefully after buying auto insurance, she illustrates
 
  A) adverse selection.
  B) negative selection.
  C) moral hazard.
  D) lemon hazard.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

akudia

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


EY67

  • Member
  • Posts: 531
Reply 2 on: Jun 29, 2018
Excellent

mcabuhat

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Based on this figure, what pathway is used during urinary catheterization, in which a tube is ... Based on this figure, what pathway is used during urinary catheterization, in which a tube is ...
Rank-order correlations show that differential consistency remains high from childhood through late ... Rank-order correlations show that differential consistency remains high from childhood through late ...
A throttle-body injection (TBI) unit used on a GM V-6 engine. A throttle-body injection (TBI) unit used on a GM V-6 engine.
A factory replacement unit for a CSFI unit that has individual injectors at the ends that go into ... A factory replacement unit for a CSFI unit that has individual injectors at the ends that go into ...
Statuette of a Male Figure Statuette of a Male Figure
Figure 2.15.jpg Figure 2.15.jpg
Video: Structure of a Ribosome

For a complete list of videos, visit our video library