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

Author Question: The tendency for people who are more at risk than the average to purchase insurance and for those ... (Read 121 times)

vowens

  • Full Member
  • ***
  • Posts: 154
on: Oct 12, 2022

Question 1

Self-selection, within a single risk category, of persons of above-average risk is known as
◦ a positive externality.
◦ moral hazard.
◦ asymmetric information.
◦ symmetric information.
◦ adverse selection.

Question 2

The tendency for people who are more at risk than the average to purchase insurance and for those who are less at risk than the average to reject insurance is known as
◦ asymmetric information.
◦ the free-rider problem.
◦ symmetric information.
◦ over-consumption.
◦ adverse selection.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by vowens on Oct 12, 2022

dude123

  • Full Member
  • ***
  • Posts: 171
Reply #1 on: Oct 12, 2022
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 29% of students answer this correctly


vowens

  • Member
  • Posts: 154
Reply 2 on: Oct 12, 2022
Wow, this really help

alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Louisiana Purchase Louisiana Purchase
In old age, as in all other stages of the life course, people find life more pleasant if they have ... In old age, as in all other stages of the life course, people find life more pleasant if they have ...
Average Number of Hours Slept per Day by Various Mammalian Species Average Number of Hours Slept per Day by Various Mammalian Species
Average Annual Growth Rates of Population by Country Group Average Annual Growth Rates of Population by Country Group
Age is the leading risk factor for cancer Age is the leading risk factor for cancer
Increased Cancer Risk with BRCA1 or BRCA2 Mutation Increased Cancer Risk with BRCA1 or BRCA2 Mutation
Video: Rh blood type and complications during pregnancy & Fertilization

For a complete list of videos, visit our video library