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Home Q & A Board Other Fields Homework Help Business Economics
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seeb1999 seeb1999
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3 years ago
Which of the following describes moral hazard?

▸ High-risk individuals are less attracted to certain types of contract.

▸ Following the signing of a contract there is an increased likelihood that one party will engage in problematic behaviour.

▸ High-risk individuals are more attracted to certain types of contract.

▸ Prior to the signing of a contract there is an increased likelihood that one party will engage in problematic behaviour.
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
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RNIPPRNIPP
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3 years ago
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seeb1999 Author
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3 years ago
You make an excellent tutor!
aricketts6@
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Yesterday
Smart ... Thanks!
jbag1237
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2 hours ago
this is exactly what I needed
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