« previous next »

Author Question: Moral hazard is due to A) hidden characteristics. B) hidden actions. C) symmetric information. ... (Read 78 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
on: Jul 1, 2018
Moral hazard is due to
 
  A) hidden characteristics.
  B) hidden actions.
  C) symmetric information.
  D) adverse selection.

Question 2

Joe's income is 500, the price of food (F, y-axis) is 2 per unit, and the price of shelter (S, x-axis) is 100. Which of the following represents his marginal rate of transformation of food for shelter?
 
  A) -5
  B) -50
  C) -.02
  D) None of the above.


pangili4

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Cellular movements caused by the actions of flagella and cilia Cellular movements caused by the actions of flagella and cilia
Step 2 of gene cloning: The actions of a restriction enzyme and DNA ligase to produce a recombinant Step 2 of gene cloning: The actions of a restriction enzyme and DNA ligase to produce a recombinant
Mahatma Gandhi and Corrie ten Boom exemplified Kohlberg’s stage 6 moral thinking. They devoted ... Mahatma Gandhi and Corrie ten Boom exemplified Kohlberg’s stage 6 moral thinking. They devoted ...
Kohlberg's Stages of Moral Development Kohlberg's Stages of Moral Development
The driver information display on a Chevrolet Impala with a 5.3 liter V-8 equipped with active fuel ... The driver information display on a Chevrolet Impala with a 5.3 liter V-8 equipped with active fuel ...
Characteristics of Some Protist Groups Characteristics of Some Protist Groups
Video: Role of the urinary system - acidosis and alkalosis

For a complete list of videos, visit our video library