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Tidy Tidy
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8 years ago
Automobile insurance companies have a problem with people who buy insurance and then drive recklessly or take less care to avoid losses after being insured. In other words, the automobile insurance market is subject to
A) asymmetric information.
B) market signaling.
C) moral hazard.
D) adverse selection.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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VincenzoDVincenzoD
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8 years ago
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Tidy Author
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8 years ago
Helped a lot
ediblefruitz
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Yesterday
Good timing, thanks!
Natalie Price
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2 hours ago
Just got PERFECT on my quiz
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