There is an influenza epidemic at Sally's office. If she got the flu shot this winter, Sally would still go to the office instead of working from home even though it increases the likelihood of her catching the flu. This is an example of a
a. Adverse selection
b. Moral hazard
c. Screening
d. None of the above
Question 2
Managers undertake an investment only if
a. Marginal benefits of the investment are greater than zero
b. Marginal costs of the investment are less than marginal benefits of the investment
c. Marginal benefits are greater than marginal costs
d. Investment decisions do not depend on marginal analysis
Good computer skills are now required to be a successful member of an office staff.
Mastering Biology Question
Mastering Biology Question
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Mastering Biology Question