Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
zar zar
wrote...
Posts: 458
Rep: 1 0
4 years ago
One consequence of imperfect information in the health insurance market is that:

▸ unhealthy individuals are denied health insurance.

▸ less healthy individuals are more likely to buy insurance, driving up the cost of insurance for everyone.

▸ health insurance increases the demand for health care and so increases the price of health care.

▸ the most healthy individuals are more likely to buy insurance, leaving the least healthy without access to health care.
Textbook 
Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
Read 82 times
1 Reply
Replies
Answer verified by a subject expert
jrhome1985!jrhome1985!
wrote...
Posts: 375
4 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

zar Author
wrote...

4 years ago
Helped a lot
wrote...

Yesterday
Thank you, thank you, thank you!
wrote...

2 hours ago
Thanks
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1208 People Browsing
Related Images
  
 991
  
 2292
  
 527
Your Opinion
Where do you get your textbooks?
Votes: 284