This topic contains a solution. Click here to go to the answer

Author Question: Buying insurance can create a moral hazard. Indicate whether the statement is true or ... (Read 58 times)

Deast7027

  • Hero Member
  • *****
  • Posts: 538
Buying insurance can create a moral hazard.
  Indicate whether the statement is true or false

Question 2

A cartel is:
 a. a group of oligopolists who try to behave like a single monopolist and split the benefits among themselves.
  b. a government-approved organization for the exchange of technical information among firms.
 c. an industry trade group formed to lobby political leaders
 d. a regulated industry manufacturers association that is officially permitted to set the price of its product above long-run average total cost.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kkenney

  • Sr. Member
  • ****
  • Posts: 352
Answer to Question 1

True

Answer to Question 2

a




Deast7027

  • Member
  • Posts: 538
Reply 2 on: Jun 30, 2018
Wow, this really help


dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

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?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

For a complete list of videos, visit our video library