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3 years ago

Choose the correct statement.

Business

1 answer:

Natasha2012 [34]3 years ago

3 0

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.

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Direct Materials Purchases Budget

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Answer:

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Explanation:

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3 years ago

Bristlebird Corporation (E&P of $700,000) has 3,000 shares of common stock outstanding. Juan owns 1,500 shares and his wife,

Schach [20]

Answer:

The correct answer is

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good luck ❤

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3 years ago

The money left over after all of the business costs are subtracted is called the __________.

Ulleksa [173]

the awnser is B.Net profit

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4 years ago

The normal balances of sales, sales discounts, and sales returns and allowances are ________. debit, credit, and credit, respect

Y_Kistochka [10]

<h3><u>Answer;</u></h3>

credit, debit, and debit, respectively

<h3><u>Explanation</u>;</h3>

Normal balance of sales; Credit

Normal balance of sales discount; Debit

Normal balance of sale returns and allowances; Debit

A normal balance is the expectation that a particular type of account will have either a debit or a credit balance.
The normal balance of sales is credit.
The sales returns and allowances account is subtracted from sales because these accounts have the opposite effect on net income. Therefore, sales returns and allowances is considered a contra‐revenue account, which normally has a debit balance.
The account Sales Discounts is referred to as a contra-revenue account. Therefore; its is debit balance.

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4 years ago

1. ______ assist in the movement of goods and services from producers to industrial and consumer users. Exchange providers Finan

Nonamiya [84]

Answer:

Marketing Intermediaries

Explanation:

Marketing Intermediaries work as a thoroughput between operations that produce goods and operations who use those goods.

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2 years ago