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Title: Two companies in a city provide insurance for cars—Company A and B. Company A pays 100% of the ... Post by: AndrewKraus on May 23, 2017 Two companies in a city provide insurance for cars—Company A and B. Company A pays 100% of the money required for repair in case of an accident, while Company B pays 70% of the total money required. A research agency has found that Company A's customers have more accidents. Which of the following explains this difference?
A) Moral hazard B) Adverse selection C) The presence of positive externalities D) The presence of negative externalities Title: Re: Two companies in a city provide insurance for cars—Company A and B. Company A pays 100% of the ... Post by: lostein on May 23, 2017 Content hidden
Title: Re: Two companies in a city provide insurance for cars—Company A and B. Company A pays 100% of the ... Post by: AndrewKraus on Jun 24, 2017 Excellent answer, thx
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