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Author Question: Explain how the terms 'adverse selection' and 'moral hazard' are used when talking about insurance. (Read 185 times)

vicky

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on: May 25, 2020

Question 1

Explain the law of diminishing marginal utility. Why does diminishing marginal utility cause the demand curve for a good to slope downward?

Question 2

Explain how the terms 'adverse selection' and 'moral hazard' are used when talking about insurance.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by vicky on May 25, 2020

14vl19

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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.
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vicky

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Reply 2 on: May 25, 2020
Thanks for the timely response, appreciate it

amcvicar

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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