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

Author Question: Oligopoly: a. Meets the condition for allocative efficiency. b. Meets the condition for productive ... (Read 41 times)

james9437

  • Hero Member
  • *****
  • Posts: 568
on: Jun 30, 2018
Oligopoly:
 a. Meets the condition for allocative efficiency.
  b. Meets the condition for productive efficiency.
  c. Leads to slower technological progress.
 d. None of the above is true.

Question 2

Which of the following is an example of a non-price provision in an automobile insurance contract that can reduce moral hazard?
 a. A provision specifying that coverage is limited to 75 percent of the total damages caused by an accident.
  b. A provision that disallows medical claims by drunk drivers involved in accidents.
  c. A provision that restricts accident compensation to claims over 1,000.
  d. A provision requiring that the insured car carry certain safety devices like air bags.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

katieost

  • Sr. Member
  • ****
  • Posts: 358
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

B


james9437

  • Member
  • Posts: 568
Reply 2 on: Jun 30, 2018
Wow, this really help

LVPMS

  • Member
  • Posts: 323
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

The Pantanal, Brazil, seen here in flood condition, is a critical jaguar range area. The Pantanal, Brazil, seen here in flood condition, is a critical jaguar range area.
Renal calculi (stones) can form in several areas within the urinary tract. When they form in the kid Renal calculi (stones) can form in several areas within the urinary tract. When they form in the kid
Mirror Box Therapy Compared to Mental Visualization and a Control Condition Mirror Box Therapy Compared to Mental Visualization and a Control Condition
Regular staff meetings increase the efficiency of the medical office staff. Regular staff meetings increase the efficiency of the medical office staff.
The underhood decal showing that this Lexus RX-330 meets both national (Tier 2; BIN 5) and ... The underhood decal showing that this Lexus RX-330 meets both national (Tier 2; BIN 5) and ...
Desertification damages formerly productive lands Desertification damages formerly productive lands
Video: Stress and Immune System Animation

For a complete list of videos, visit our video library