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

Author Question: Which of the following describes moral hazard? (Read 44 times)

RRMR

  • Hero Member
  • *****
  • Posts: 557
on: May 25, 2020

Question 1

Adverse selection occurs because of
◦ moral hazard.
◦ diminishing marginal utility.
◦ of imperfect information.
◦ spreading of risks.

Question 2

Which of the following describes moral hazard?
◦ High-risk individuals are less attracted to certain types of contract.
◦ Following the signing of a contract there is an increased likelihood that one party will engage in problematic behaviour.
◦ High-risk individuals are more attracted to certain types of contract.
◦ Prior to the signing of a contract there is an increased likelihood that one party will engage in problematic behaviour.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by RRMR on May 25, 2020

cclemon1

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


RRMR

  • Member
  • Posts: 557
Reply 2 on: May 25, 2020
:D TYSM

adammoses97

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Examples of Scenarios Involving Nonmoral, Impersonal Moral, and Personal Moral Judgments from the St Examples of Scenarios Involving Nonmoral, Impersonal Moral, and Personal Moral Judgments from the St
Examples of waste and hazard containers. Examples of waste and hazard containers.
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
Kohlberg's Stages of Moral Development Kohlberg's Stages of Moral Development
Effect of “Moral Restraint” in the Malthusian Model Effect of “Moral Restraint” in the Malthusian Model
Video: B cells and antibodies

For a complete list of videos, visit our video library