1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sashaice [31]
1 year ago
10

the three ways that government policy can solve an adverse selection problem do not include providing information directly to bu

yers. giving sellers an incentive to reveal truthful information. limiting the number of sellers. regulating quality.
Business
1 answer:
tatuchka [14]1 year ago
3 0

The three ways that government policy can solve an adverse selection problem do not include giving sellers an incentive to reveal truthful information.

<h3>What is adverse selection?</h3>

Аdverse selection refers generаlly to а situаtion in which sellers hаve informаtion thаt buyers do not hаve, or vice versа, аbout some аspect of product quаlity. In other words, it is а cаse where аsymmetric informаtion is exploited. Аsymmetric informаtion, аlso cаlled informаtion fаilure, hаppens when one pаrty to а trаnsаction hаs greаter mаteriаl knowledge thаn the other pаrty.

The problem fаced by pаrties to аn exchаnge in which the terms offered by one pаrty will cаuse some exchаnge pаrtners to drop out. Аn exаmple is the problem of аsymmetric informаtion in insurаnce: if the price is sufficiently high, the only people who will seek to purchаse medicаl insurаnce аre people who know they аre ill (but the insurer does not). This will leаd to further price increаses to cover costs.

For more information about adverse selection refer to the link:

brainly.com/question/28482601

#SPJ4

You might be interested in
Cozy Nights Industries manufactures down-filled comforters and uses activity-based costing. The following information is provide
yuradex [85]

Answer:

the total manufacturing cost per comforter is $120.4

Explanation:

The computation of the total manufacturig cost per comfortor is as follows:

= Cost × activity consumed ÷ Total activity

For material handling

= $12,600 × 4 ÷ 4,200

= $12

For Assembly

= $55,440 × 4 ÷ 4,200

= $52.8

For packaging

= $10,920 × 4 ÷ 1,050

= $41.6

And, the direct material cost is $14

So, the total manufacturing cost per comforter is

= $12 + $52.8 + $41.6 + $14

= $120.4

Hence, the total manufacturing cost per comforter is $120.4

This is the answer but the same is not provided in the given options

3 0
3 years ago
What are the requirements (if any) for entering the military after high school?
tankabanditka [31]

Answer: You need a GED or High School Diploma

Explanation: In addition to being a United States citizen or permanent resident alien, you must have a high school diploma or GED to join the Army as an enlisted member. You must also meet height, weight and overall physical health standards. The minimum score you can get on the ASVAB test is a 31.

8 0
2 years ago
Read 2 more answers
Rocoe Company produces a variety of garden tools in a highly automated manufacturing facility. The costs and cost drivers associ
tensa zangetsu [6.8K]

Answer:

Explanation:

Overhead allocation:

Unit level = $35,960/5800 * 480 = 2,976

Batch level = 13,052/260 * 27 = 1355.4

Product level = 3,988*40% = 1595.2

Facility level = 45,600/38,000 * 12,000 = 14,400

Total overhead allocated 20,326.6

7 0
3 years ago
Compute and interpret the fixed overhead budget and volume variances.
romanna [79]

It can be calculated using the following formula: Fixed Overhead <u>Volume </u>Variance = Applied Fixed Overheads – Budgeted Fixed Overhead. Here, Applied Fixed Overheads = Standard Fixed Overheads × Actual Production.

Volume is a measure of the occupied three-dimensional space. [1] Often quantified numerically using SI units (such as cubic meters and liters) or various imperial units (such as gallons, quarts, and cubic inches). Container volume is generally understood to mean the capacity of the container. That is, the amount of fluid (gas or liquid) the container can hold, rather than the amount of space the container itself moves through.

For simple 3D shapes, you can easily calculate the Volume is a measure of the occupied three-dimensional space. [1] Often quantified numerically using SI units (such as cubic meters and liters) or various imperial units (such as gallons, quarts, and cubic inches). Container volume is generally understood to mean the capacity of the container. That is, the amount of fluid (gas or liquid) the container can hold, rather than the amount of space the container itself moves through.

learn more about Volume here.  brainly.com/question/1972490

#SPJ

8 0
1 year ago
Listening used to obtain specific information or understand a message is reflective learning
cricket20 [7]

Answer:

That statement is false.

Explanation:

Listening used to obtain specific information or understand a message is called informative listening. Example of this would be when you pay attention closely to your teacher in the class in order to understand a certain topic.

Reflective learning is a form of learning that being done in order to evaluate the materials and learning process that they've covered in the past. Example of this would be when students are analyzing whether the current learning process that they implement reflected positively in their test scores.

5 0
3 years ago
Other questions:
  • __________ is a sourcing strategy in which a company uses a single supplier for one particular part or service and another suppl
    15·1 answer
  • Nader, Inc., has the following information available from prior month and the general ledgert: Costs in Beginning WIP Costs adde
    7·1 answer
  • (Chemical Manufacturing) A chemical manufacturer produces a certain chemical compound every Sunday, which it then sells to its c
    14·1 answer
  • Addams Corporation paid cash dividends totaling $75,000 during its most recent fiscal year. How should this information be repor
    8·1 answer
  • The fifth step of the interview process is:
    8·1 answer
  • If an importer has a good reputation regarding its following of Customs regulations, the likelihood that one of its shipments is
    5·1 answer
  • Why are designer shops able to price their clothes so very expensive and yet still get clients even though similar clothes that
    6·1 answer
  • Marginal cost is defined as:________.
    12·1 answer
  • Kellogg Co. (K) recently earned a profit of $2.22 earnings per share and has a P/E ratio of 19.35. The dividend has been growing
    12·1 answer
  • This international business strategy is generally the most expensive commitment that a firm can make to an overseas market
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!