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

Author Question: One difference between moral hazard and adverse selection is a. Moral hazard has to do with ... (Read 166 times)

mikaylakyoung

  • Hero Member
  • *****
  • Posts: 531
on: Jul 1, 2018
One difference between moral hazard and adverse selection is
 a. Moral hazard has to do with unobservable characteristics of individuals
 b. Adverse selection has to do with unobservable actions of individuals
 c. Adverse selection is when individuals change their behaviors because of a contract
  d. Adverse selection is when you choose the wrong answer on a test

Question 2

If the firm hires 5 workers, the average cost equals
 a. 250
  b. 50
  c. 5
  d. Need more information


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ahnyah

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

b


mikaylakyoung

  • Member
  • Posts: 531
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

nothere

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Variation in the rate of evolution as a function of the strength of selection, assuming genetic drif Variation in the rate of evolution as a function of the strength of selection, assuming genetic drif
Kohlberg's Stages of Moral Development Kohlberg's Stages of Moral Development
The slight (5 microsecond) difference in the firing of the companion cylinders is enough time to ... The slight (5 microsecond) difference in the firing of the companion cylinders is enough time to ...
Common Serious Adverse Drug Reactions Common Serious Adverse Drug Reactions
Dental Related Adverse Effects in Patients Undergoing Cancer Treatment Dental Related Adverse Effects in Patients Undergoing Cancer Treatment
Difference-Between-Carbohydrates-and-Lipids-infographic Difference-Between-Carbohydrates-and-Lipids-infographic
Video: Kidney Stones

For a complete list of videos, visit our video library