Author Question: The problem of adverse selection is usually more acute in case of automobile insurance compared to ... (Read 79 times)

burchfield96

  • Hero Member
  • *****
  • Posts: 610
The problem of adverse selection is usually more acute in case of automobile insurance compared to health insurance.
  Indicate whether the statement is true or false

Question 2

When a positive externality is present
 A) the market price is too low.
  B) the market price is too high.
  C) the market price is in equilibrium.
  D) none of these choices.



at

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

F

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

For a complete list of videos, visit our video library