Answer:
D.All of the above are correct.
Explanation:
Moral hazard is when people have an incentive to engage in risky behaviours when the person is protected against the consequences of such risky behaviour. Moral hazard can arise in health insurance because once insured, a person has less incentive to adopt a healthy lifestyle.
Adverse selection occurs due to asymmetry of information; when one party in a transaction has more information than the other party. An example of adverse selection In insurance - people who have dangerous jobs are more likely to purchase insurance when compared with people with relatively safer jobs. Adverse selection in health insurance is when healthiest people choose to be uninsured, at least during their younger years and become insured when they are getting older and more sickly.
I hope my answer helps you.
An unfavorable materials quantity variance indicates that the actual usage of materials exceeds the standard material allowed for output.
<h3>What do you mean by material quantity variance?</h3>
The material quantity variance refers to the difference between the standard amount and the actual amount of materials used in the production process.
The material quantity variance yield unusual results as it is based on a standard unit quantity that is not even close to the actual usage.
Therefore, an unfavorable materials quantity variance indicates that the actual usage of materials exceeds the standard material allowed for output.
Learn more about Material Quantity variance here:
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Answer:
A bank account
Explanation:
because your money is kept safe
Answer:
Customer-segment pricing
Explanation:
Customer-segment pricing is a form where the price of the product is grounded on the segment of the customer. It is the segmentation of the price, where the different prices are charged to different people for the similar or the same service or the product.
In this case, the gallery has a different admission prices for seniors, adults and students and they are entitled to have a same service, this form of the pricing is known as the customer pricing segment.
Agribusiness, i believe is your answer
hope this helps :)
