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Other Fields Homework Help Economics Topic started by: corie on Oct 25, 2017



Title: Refer to Scenario 17.3. Moral hazard would be eliminated in this situation if:
Post by: corie on Oct 25, 2017
Refer to Scenario 17.3.  Moral hazard would be eliminated in this situation if
A) the insurer would always charge $300.
B) the insurer would always charge $6000.
C) the insurer could costlessly monitor whether a fire prevention program has been implemented, and adjust the premium upward if it is not.
D) the insurer could costlessly monitor whether a fire prevention program has been implemented, and adjust the premium downward if it is not.
E) the fire did not occur.


Title: Re: Refer to Scenario 17.3. Moral hazard would be eliminated in this situation if
Post by: boransal on Oct 25, 2017
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