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omaralnatour omaralnatour
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7 months ago

An insurance company requires homeowners it insures to have smoke detectors in their homes. The insurance company is trying to combat the



adverse selection problem.



the free-rider effect.



moral hazard problem.



"lemons" problem.



none of the above

Textbook 
Economics

Economics


Edition: 12th
Author:
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melswhi1melswhi1
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7 months ago
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omaralnatour Author
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7 months ago
Smart ... Thanks!
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Helped a lot
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Thanks
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