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

Author Question: Moral hazard implies that a. Insured individuals exercise less care because they have less ... (Read 84 times)

Redwolflake15

  • Hero Member
  • *****
  • Posts: 569
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bobsmith

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

c


Redwolflake15

  • Hero Member
  • *****
  • Posts: 569
Reply #2 on: Jul 1, 2018
Correct answers!


bobsmith

  • Sr. Member
  • ****
  • Posts: 316
Reply #3 on: Jul 1, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Some red squirrels adopt the offspring of related individuals, a likely example of kin selection pro Some red squirrels adopt the offspring of related individuals, a likely example of kin selection pro
Exercise Exercise
Postoperative care Postoperative care
Functional foods are being used by some health care professionals Functional foods are being used by some health care professionals
Paramedic Care: Principles & Practice, Volume 1, 5th Edition Paramedic Care: Principles & Practice, Volume 1, 5th Edition
Exercise 1-4 Exercise 1-4
Video: Graded potentials - electrical characteristics and types

For a complete list of videos, visit our video library