This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is more likely to be able to command a higher price for its products a. A ... (Read 44 times)

Engineer

  • Hero Member
  • *****
  • Posts: 527
Which of the following is more likely to be able to command a higher price for its products
 a. A specialty frozen yogurt producer, with high quality product
 b. A mall kiosk selling costume jewelry
 c. A specialty toy store that allows customers to self-design teddy bears
  d. Both A&C

Question 2

Adverse selection in insurance requires that
 a. potential customers face different levels of risk
 b. potential customers facing more risk are no more interested in purchasing insurance
  c. people are not risk averse
 d. insurers can tell higher risk people from lower risk people



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ecox1012

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

d

Answer to Question 2

a




Engineer

  • Member
  • Posts: 527
Reply 2 on: Jul 1, 2018
:D TYSM


chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

For a complete list of videos, visit our video library