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Author Question: What is one of the most important benefits of the Internet? A) The Internet has increased ... (Read 65 times)

arivle123

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What is one of the most important benefits of the Internet?
 
  A) The Internet has increased asymmetric information.
  B) The Internet has reduced asymmetric information.
  C) The Internet has increased moral hazard.
  D) The Internet has increased transaction costs.

Question 2

If reckless drivers are more likely to buy automobile insurance than safe drivers are,
 
  A) a moral hazard has occurred.
  B) adverse selection has occurred.
  C) the market for insurance is efficient.
  D) then automobile insurance will be fairly priced.


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vish98

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arivle123

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


samiel-sayed

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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