Answer: adverse selection
Explanation:
From the question, we are told that an
insurance company is likely to attract customers like Clancy who want to purchase insurance because he knows better that the company that he is more likely to make a claim on a policy.
The idea above is called adverse selection. This is a situation whereby either the seller or the buyer believes that he or she has more information than the other person regarding a particular product.
Answer:
They all are barriers to entry.
Explanation:
For an imperfectly competitive firm: the marginal revenue curve lies below the demand curve because any reduction in price applies to all units sold.
The spread for this security after an investor submits a sell order for 185 shares at $41.87 is c.) <u>$0.38</u><u>.</u>
<h3>What is the spread?</h3>
The spread is the gap or difference between the bid and the ask prices of a security or asset, like a stock, bond, or commodity
The spread is commonly known as a bid-ask spread. This implies that while the investor is bidding to sell the security at $41.87, it could be sold for $42.25, giving a difference (spread) of $0.38 per share.
<h3>Data and Calculations:</h3>
Buy Orders (Bids) Sell Orders (Asks)
Amount Price Amount Price
63 $42.15 3 $42.16
36 $42.12 68 $42.22
112 $41.99 113 $42.25
3 $41.88 9 $42.44
Spread at a ask price of $42.25 = $0.38 ($42.25 - $41.87)
<h3>Answer Options:</h3>
a.) 0.01
b.) 0.29
c.) 0.38
d.) 0.17
Thus, the spread for this security after an investor submits a sell order for 185 shares at $41.87 is c.) <u>$0.38</u><u>.</u>
Learn more about security spreads and bid and askprices at brainly.com/question/14467928
Kris should adjust in accordance with the cooperative decision being taken by his team concerning the usage of new software.
<h3>What is software?</h3>
Software is an application that instructs and implements tasks in a quicker and easier way through the computer or laptop.
According to the situation, the usage of new software would make the completion of the project on time as suggested by Kris. But his team thought that the training for using that software would be very costly to the firm and also become too risky for the project.
Therefore, the mutual decision taken by him and his team would be the ideal solution for completing the project on time.
Learn more about the software in the related link:
brainly.com/question/21279421
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