Moral hazard means that the act of insuring ____ that the desired outcome will occur?

Related Mcqs:

The law of demand states that an increases in the price of a good ?

A. None of these answers B. decreases the quantity supplied of that good C. decreases the quantity demanded for that good D. increases the quantity supplied of that good...

A shift in supply will have more effect on price than quantity if ?

A. The price elasticity of supply is – 3 B. The price elasticity of supply is – 0.2 C. The price elasticity of supply is – 2 D. The price elasticity of supply is infinity...

A monopoly may be self-perpetuating because profits may be used for ?

A. research B. cost-saving C. technical advance D. all of the above...

The social costs of monopoly power arises because ?

A. marginal cost is set equal to marginal revenue B. price is less than marginal cost C. marginal consumer benefit is less than marginal revenue D. there is too little output at too high a cost...

An example of an indirect tax is ?

A. VAT B. inheritance tax C. income tax D. a tax on profits...