This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The problem of moral hazard arises because _____. a. individuals receive insurance through their ... (Read 72 times)

jenna1

  • Hero Member
  • *****
  • Posts: 568
on: Jul 1, 2018
The problem of moral hazard arises because _____.
 
  a. individuals receive insurance through their employer, who has different incentives
  b. individuals with insurance have no incentive to avoid insured expenditures
  c. some individuals have religious objections to purchasing insurance
   d. some individuals are immoral

Question 2

How can the market demand for a product be inelastic but the demand for a particular firm is elastic?
 
  A) There is no advertising.
  B) There is a sufficiently large number of sellers.
  C) There is only one or two sellers.
  D) Buyers do not have complete information.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Brummell1998

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

B


jenna1

  • Hero Member
  • *****
  • Posts: 568
Reply #2 on: Jul 1, 2018
Thank you :)


Brummell1998

  • Sr. Member
  • ****
  • Posts: 324
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Defensive mutualism involves species that receive food or shelter in return for providing protection Defensive mutualism involves species that receive food or shelter in return for providing protection
The Five Daughter Problem The Five Daughter Problem
Pollution in the Least Industrialized Nations has become a major problem. These children in the ... Pollution in the Least Industrialized Nations has become a major problem. These children in the ...
Practice Problem 86 You are studying the regulatory DNA of a mouse gene expressed in developing ... Practice Problem 86 You are studying the regulatory DNA of a mouse gene expressed in developing ...
Identification of the numbers in the Word Problem Identification of the numbers in the Word Problem
Problem Problem
Video: Cardiac conductile cells

For a complete list of videos, visit our video library