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Author Question: Which of the following is more likely to be able to command a higher price for its products a. A ... (Read 48 times)

Engineer

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on: Jul 1, 2018
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


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ecox1012

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Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

a


Engineer

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Reply 2 on: Jul 1, 2018
Excellent

patma1981

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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