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 117 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

Bigfoot1984

  • Member
  • Posts: 321
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Psoriasis. This photograph demonstrates the characteristic white skin patches of this condition. Psoriasis. This photograph demonstrates the characteristic white skin patches of this condition.
Nephrolithiasis. Stones, or calculi, may form in several areas within the urinary tract. When they f Nephrolithiasis. Stones, or calculi, may form in several areas within the urinary tract. When they f
Intussusception. The condition is caused by an infolding of the small intestine, which often causes Intussusception. The condition is caused by an infolding of the small intestine, which often causes
Associate’s degrees or vocational degrees can help individuals find rewarding and productive ... Associate’s degrees or vocational degrees can help individuals find rewarding and productive ...
An engine in good mechanical condition should produce 17 to 21 inches Hg of vacuum at idle at sea ... An engine in good mechanical condition should produce 17 to 21 inches Hg of vacuum at idle at sea ...
Efficiency vs. Equity Efficiency vs. Equity
Video: Hip Animation

For a complete list of videos, visit our video library