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 37 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?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Problem-Solving in Hangman Problem-Solving in Hangman
Associate’s degrees or vocational degrees can help individuals find rewarding and productive ... Associate’s degrees or vocational degrees can help individuals find rewarding and productive ...
How to solve an exponential decay problem involving first order decay How to solve an exponential decay problem involving first order decay
Chemistry Problem Worked Out Chemistry Problem Worked Out
Problem Problem
Differential Equation Word Problem Differential Equation Word Problem
Video: Integumentary Anatomy

For a complete list of videos, visit our video library