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Author Question: Moral hazard implies that a. Insured individuals exercise less care because they have less ... (Read 20 times)

Redwolflake15

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Moral hazard implies that
 a. Insured individuals exercise less care because they have less incentive to do so
  b. Insured individuals exercise more care because they have less incentive to do so
  c. Insured individuals exercise more care because they have more incentive to do so
  d. Insured individuals exercise less care because they have more incentive to do so

Question 2

If the firms hires 5 workers, the average variable costs equals
 a. 10
  b. 100
  c. 800
  d. Need more information



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bobsmith

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Answer to Question 1

a

Answer to Question 2

c




bobsmith

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