Author Question: Moral hazard implies that a. Insured individuals exercise less care because they have less ... (Read 64 times)

Redwolflake15 · **on:** Jul 1, 2018

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

bobsmith · **Reply #1 on:** Jul 1, 2018

Answer to Question 1

a

Answer to Question 2

c

Redwolflake15 · **Reply #2 on:** Jul 1, 2018

Correct answers!

bobsmith · **Reply #3 on:** Jul 1, 2018

Great! Please up vote

Author Question: Moral hazard implies that a. Insured individuals exercise less care because they have less ... (Read 64 times)

Redwolflake15

Moral hazard implies that a. Insured individuals exercise less care because they have less ...

Related Topics

Need homework help now?

bobsmith

Moral hazard implies that a. Insured individuals exercise less care because they have less ...

Redwolflake15

Moral hazard implies that a. Insured individuals exercise less care because they have less ...

bobsmith

Moral hazard implies that a. Insured individuals exercise less care because they have less ...