« previous next »

Author Question: Opportunism may occur when A) both parties have limited information. B) both parties have full ... (Read 52 times)

ss2343

  • Hero Member
  • *****
  • Posts: 548
on: Jul 1, 2018
Opportunism may occur when
 
  A) both parties have limited information.
  B) both parties have full information.
  C) one party has information the other does not.
  D) All of the above.

Question 2

In the automobile insurance market, adverse selection occurs when
 
  A) drivers with greater risks buy a policy with large deductibles.
  B) drivers with greater risks buy a policy with no deductibles.
  C) uninsured drivers drive recklessly.
  D) insured drivers drive recklessly.


yifu223

  • Sr. Member
  • ****
  • Posts: 302
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

An individual's performance can be limited by environmental conditions, such as temperature. Ac An individual's performance can be limited by environmental conditions, such as temperature. Ac
The following terms describe types of body movement that occur at the diarthrotic joints The following terms describe types of body movement that occur at the diarthrotic joints
MSDS labels provide an abridged version of substance hazards information and must be permanently ... MSDS labels provide an abridged version of substance hazards information and must be permanently ...
Vaccine Information Sheet (VIS) provided by the CDC for the varicella vaccination. Vaccine Information Sheet (VIS) provided by the CDC for the varicella vaccination.
The science-based DRIs serve as the basis for information The science-based DRIs serve as the basis for information
Food Labels Provide Nutrient Content Information Food Labels Provide Nutrient Content Information
Video: Forming urine ( influencing factors), Forming dilute urine & Forming concentrated urine

For a complete list of videos, visit our video library