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
oksano4ka [1.4K]
3 years ago
8

Asymmetric information occurs when A. everyone has the same information. B. people engaging in a transaction are uncertain about

future events. C. the information available to the people in a transaction is misleading or incomplete. D. one person in a transaction has more information than the other.
Business
1 answer:
melisa1 [442]3 years ago
8 0

Answer:

Option (D) is correct.

Explanation:

Asymmetric information occurs in a situation in which one of the two parties involved in a particular transaction have more information than the other party. This problem mostly occurs in a health insurance market where the a person to be insured have more information about his health than the insurance company.

Asymmetric information will result in two problems are as follows:

(i) Adverse selection

(ii) Moral hazard

You might be interested in
How do u add people as your friend?
Rudik [331]

Answer:

You click there profile, and then click add friend. and it will friend request them.

Explanation:

:)

4 0
3 years ago
A card which requires the cardholder to pay a sum of money equal to the credit limit is called a
Brrunno [24]
The answer is Credit card.

Credit card is a small plastic card issued by a bank, business, etc., allowing the holder to purchase goods or services on credit.
5 0
2 years ago
Nathan is a sales rep who, based on last year, averaged $2,200 of monthly commission before taxes. He should include
Ray Of Light [21]

False, Nathan should not include this in his budget.

When budgeting, there are several things that one should include such as:

  • net income
  • debt repayments
  • food
  • utilities
  • insurance
  • savings and others

Notice how one should include their net income not their gross income. Net income is what comes after tax and this is the disposable income that a person has and can spend from.

In conclusion, Nathan should only include his net income and as this commission is before taxes, he should not include it.

<em>Find out more at brainly.com/question/17474938.</em>

7 0
3 years ago
*LOOK AT THE PHOTO PLEASE*<br> The goal of giving the debtor a fresh start is accomplished through
RSB [31]
<span>The goal of giving the debtor a fresh start is accomplished through</span><span> releasing debtors from personal liability for specific debts and protecting them from collection efforts.</span>
3 0
3 years ago
The ability to conduct financial transactions through a smartphone is known as
Pavlova-9 [17]
An electronic payment
4 0
3 years ago
Read 2 more answers
Other questions:
  • What is one way GDP could be measured?
    7·1 answer
  • Your firm has just entered the polish market for bottled water. the major distributor is owned by a competitive producer of bott
    7·1 answer
  • Felicia knits scarves and sells them to her friends. The first week, she knits four scarves and sells three for $50 each. The ne
    15·2 answers
  • Buker Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcom
    5·1 answer
  • The ________ approach to developing a positioning strategy involves positioning apart from competitors through the creation or u
    10·1 answer
  • When a consumer purchases a product, a demand is created for this item to be __________ by the merchant?
    13·2 answers
  • Select the correct answer. What does a production possibilities curve represent? D A a combination of price and demand of goods
    7·1 answer
  • Hunter owns an app development firm. Though the company started small, the business has grown substantially with more people and
    5·1 answer
  • When the price of pistachio nuts is $7.50 per lb. the quantity demanded is 48 lbs. When the price of pistachios is $9.00 per lb.
    12·1 answer
  • When a consumer shifts purchases from product x to product y, the marginal utility of:____.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!