Which of the following is true according to the IO perspective? ...

[lracut11]

Which of the following is true according to the IO perspective?
 a. Industry structure determines firm conduct which in turn determines firms' performance
  b. Industry structure determines firm performance which in turn determines firms' conduct
  c. Industry conduct determines firm structure which in turn determines firms' performance
  d. Industry performance determines firm conduct which in turn determines firms' structure

Question 2

An indication that Insurance companies anticipate adverse selection is
 a. they do not require a deductible
 b. they do not classify clients into different risk types according to their claim history
  c. they classify clients into different risk types according to pre-existing conditions
  d. they do not require a co-payment

[matt]

Answer to Question 1

a

Answer to Question 2

c

[lracut11]

Thank you

[matt]

No problemo