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
ra1l [238]
3 years ago
7

Suppose two individuals are buying insurance. Ms. Tanaka has a preexisting condition that she does not report when filling out t

he forms and hopes will not be detected during tests. Mario has not had insurance but plans to do more foreign travel as soon as he’s covered, including visits to remote and exotic locations. What problem for insurers does each person illustrate?
Social Studies
1 answer:
mrs_skeptik [129]3 years ago
5 0

Answer:

  • Ms. Tanaka :  Adverse selection
  • Mario : Moral hazard

Explanation:

In the case of Ms. Tanaka, a tendency for a dangerous job is presented. It has a high-risk lifestyle to purchase products like life insurance. The unequal information hidden distorts the market and leads to market failure.

In the case of Mario, his exposure to risk has increased when insured, especially when a person takes more risks because someone else bears the cost of those risks. He is going to get involved in a risky event knowing that it is protected by the insurance

You might be interested in
Which Southern state processes sugar?
IRINA_888 [86]
Georgia ...........................
7 0
3 years ago
Read 2 more answers
So, what do you think? Should cars that run
Rama09 [41]

Answer:

They can reduce emissions and even save you money. Fueling with electricity offers some advantages not available in conventional internal combustion engine vehicles. Because electric motors react quickly, EVs are very responsive and have very good torque.

so no

Explanation:

6 0
3 years ago
Explain how the US government balances the core political value measured in the bar chart with another core political value.
TEA [102]

One way the U.S. government is able to balance the core political value of free enterprise and that of justice and fairness is <u>Minimum Wage Laws. </u>

<h3>Meaning of the above mentioned core values</h3>
  • Fairness and Justice - people should be treated in a way that is not discriminatory and allows for them to live a good enough life.
  • Free enterprise - people are free to establish businesses with the aim of making profit.

Free enterprise means that in the course of making profits, business owners can pay poor wages which wouldn't be fair.

This is where minimum wage laws then come in to balance this out and ensure that people get fair wages while still allowing a free market.

Find out more on free enterprise at brainly.com/question/13628349.

7 0
2 years ago
Not all Europeans supported slavery. Many decent people spoke out against it. But they were unable to stop slavery for centuries
finlep [7]

Answer:

No, it definitely was not pure racism.

Explanation:

While individuals who have pure hatred and racist views against other groups of people have always existed, during the centuries that slavery existed, not everyone who owned slaves or supported slavery justified their position on the basis of racist arguments.

Very often, these arguments in favor of racism were made from an economic point of view. They justified slavery because slavery was fundamental for their economic well-being. Some people even justified slavery under supposedly moral, ethical, or religious reasons, arguing that slaves were better off under the control of their owners, or that some religious scripture justified slavery.

8 0
2 years ago
The police arrest Susanne and charge her with arson. She confesses that she committed the crime because she was jealous and hate
finlep [7]

i beleive B would be the correct answer.


7 0
3 years ago
Read 2 more answers
Other questions:
  • Gina says, "i can type 70 words per minute with no errors." she is expressing:
    8·1 answer
  • 1. Between two rational numbers, there is are
    8·1 answer
  • Microsort's xsort genderselection technique is designed to increase the likelihood that a baby will be a girl. in updated result
    11·1 answer
  • Which of the following statements about the migration of workers to other countries is false?
    7·1 answer
  • Mike and Lou are going to the mall. Mike wants to buy a pair of jeans and Lou wants to buy a pair of Levi boot-cut jeans. Mike i
    8·1 answer
  • What do behavior therapists see as the cause of abnormal or undesirable behaviors? learning unconscious conflicts distortions in
    8·2 answers
  • Should you expect any numerical prediction based on experimental measurements to be exact? Why was a range of values for the pre
    5·1 answer
  • How are earths plates able to move
    8·2 answers
  • please help this is very important i will give you brain thing if its correct and no links pwease &lt;3
    14·1 answer
  • 50 POINTS! PLEASE HELP- idc if you answer it with go_o_gle, go_ogle is down for me
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!