Biology Forums - Study Force

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



Title: In insurance markets, moral hazard creates economic inefficiency because:
Post by: nakungth on Oct 25, 2017
In insurance markets, moral hazard creates economic inefficiency because:
A) insurance companies are price setters rather than price takers.
B) insurance products are not homogenous goods.
C) there are many buyers but only a few sellers.
D) insured individuals do not correctly perceive the costs or benefits of their actions.


Title: Re: In insurance markets, moral hazard creates economic inefficiency because:
Post by: Bart_arg on Oct 25, 2017
Content hidden


Title: Re: In insurance markets, moral hazard creates economic inefficiency because:
Post by: nakungth on Aug 15, 2018
Thanks, very pleased with your answer