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 100 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?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Earthquakes Don’t Kill People—Collapsing Buildings Do Earthquakes Don’t Kill People—Collapsing Buildings Do
U.S. Study on Identity Achievement With age, more young people are classified in identity achieveme U.S. Study on Identity Achievement With age, more young people are classified in identity achieveme
L. Frank Baum, author of The Wonderful Wizard of Oz (1900) and a fan of William Jennings Bryan, perh L. Frank Baum, author of The Wonderful Wizard of Oz (1900) and a fan of William Jennings Bryan, perh
What emotions are these people expressing? Are these emotions global? Is their way of expressing ... What emotions are these people expressing? Are these emotions global? Is their way of expressing ...
Dental Related Adverse Effects in Patients Undergoing Cancer Treatment Dental Related Adverse Effects in Patients Undergoing Cancer Treatment
Mendel’s observations about segregation and independent assortment are explained by the behavior ... Mendel’s observations about segregation and independent assortment are explained by the behavior ...
Video: Exercise and cardiac output

For a complete list of videos, visit our video library