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

Author Question: When people by insurance they often adopt risky behavior. This is an example of A) adverse ... (Read 102 times)

JGIBBSON

  • Hero Member
  • *****
  • Posts: 538
on: Jun 30, 2018
When people by insurance they often adopt risky behavior. This is an example of
 A) adverse selection.
  B) moral hazard.
  C) a negative externality.
  D) moral hazard and a negative externality.

Question 2

Cartel agreements are more likely to succeed if:
 a. there are a large number of firms in the industry producing identical products.
  b. there are few firms in the industry producing identical products.
 c. there are a large number of firms in the industry producing differentiated products.
  d. there are a few firms in the industry producing differentiated products.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nathang24

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

b


JGIBBSON

  • Hero Member
  • *****
  • Posts: 538
Reply #2 on: Jun 30, 2018
Correct answers!


nathang24

  • Sr. Member
  • ****
  • Posts: 314
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

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?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Caudate Nucleus and Stereotyped Behavior in Autism Caudate Nucleus and Stereotyped Behavior in Autism
Values, both those held by individuals and those that represent a nation or people, can undergo deep ... Values, both those held by individuals and those that represent a nation or people, can undergo deep ...
Faith Ringgold, God Bless America, No. 13 from the series American People. Faith Ringgold, God Bless America, No. 13 from the series American People.
Children’s interactions with older siblings may help promote an understanding of other people’s ... Children’s interactions with older siblings may help promote an understanding of other people’s ...
Two areas of reduced cortical volume and one area of increased cortical volume observed in people ... Two areas of reduced cortical volume and one area of increased cortical volume observed in people ...
Ads from the public service campaign in the late 1960s and early 1970s that encouraged people to get ... Ads from the public service campaign in the late 1960s and early 1970s that encouraged people to get ...
Video: Polymerase chain reaction PCR - Animation

For a complete list of videos, visit our video library