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
denis-greek [22]
3 years ago
7

The asymmetric information problem in the market for healthcare services is​ _______.

Business
1 answer:
Vinil7 [7]3 years ago
8 0

Answer:

B

Explanation:

Asymmetric information is an instance of market failure.

It is when one party to a transaction possesses greater information or knowledge than the other party. e.g. when a seller possesses greater information than the buyer or when a buyer possesses greater information than the seller.

Individuals know when they have a more healthy lifestyle while their insurers might not be privy to such information due to privacy laws

You might be interested in
As the operations manager for American Airlines you have decided to invest in 10 new jets for the company's fleet. There are thr
3241004551 [841]

Answer:

0.17

Explanation:

The computation of the expected return on investment is shown below:

= (Expected return of the outcome 1 ×  Probability of the outcome 1) + (Expected return of the outcome 1 ×  Probability of the outcome 1) + (Expected return of the outcome 1 ×  Probability of the outcome 1)

= (0.15× 0.50) + (0.25 × 0.30) + (0.10 × 0.20)  

= 0.075 + 0.075 + 0.02

= 0.17

5 0
3 years ago
At the beginning of the year, the balance in Allowance for Doubtful Accounts is a credit of $760. During the year, $120 of previ
Mekhanik [1.2K]

Answer:

=$140

Explanation:

At the beginning of the year, the account had a credit(positive balance of $760)

Previously bad debt that has been reinstated, $120

The new balance will be $760 + $120 = $860

adjusting for the written-off accounts

=$860 - $740

=$140

3 0
3 years ago
The degree to which a job is perceived to have a substantial impact on others inside or outside the organization is ________.
AURORKA [14]

The degree to which a job is perceived to have a substantial impact on others inside or outside the organization is Task Significance.

Task significance is defined as perception or believe that an individual's job implies a positive influence and well-being on other people. It states about the help provided to the work or other co-worker.

The impact created by this is characterized by support, help and optimizing the external work environment by an individual doing the job. It can be seen through giving opportunity to a particular employee to do the task.  

To learn more about Task Significance and other core job dimensions,

brainly.com/question/27328497

#SPJ4

6 0
1 year ago
The Capital Purchase Program carried out under TARP represented an attempt by the federal government to increase the capital of
4vir4ik [10]

Answer:

A. To keep banks with falling asset values solvent.

Explanation:

When a bank is failing it will result in loss of funds not only for the bank but also for customers that have accounts in these banks.

If a bank eventually closes operations as a result of insolvency, they will not be able to pay off the customers. That is where the deposit insurance comes in to settle customers.

The government will have to spend a lot of money reimbursing customers their money.

To avoid this the federal government ensures the capital of banks is maintained to keep banks with falling asset values solvent.

7 0
4 years ago
Assume the Hiking Shoes division of the All About Shoes Corporation had the following results last year​ (in thousands).​ Manage
Artist 52 [7]

Answer:

The​ division's Return on Investment​ (ROI) is 180%

Explanation:

The computation of the return on investment is shown below:

= (Operating income) ÷ (total assets) × 100

= ($​1,800,000) ÷ ($1,000,000) × 100

= 180%

The return on investment shows a relationship between the operating income and the total assets / investment.

The other information which is given in the question is not consider in the computation part. Hence, ignored it

8 0
3 years ago
Other questions:
  • By combining their resources and developing shared goals, procter & gamble and walmart were able to increase the value to th
    6·1 answer
  • In response to duracell's introduction of the duracell ultra battery, energizer introduced an advanced formula battery. but unli
    8·1 answer
  • Checking accounts at a local bank carry an average balance of $3,000. The bank turns over its balance 6 times a year.
    14·1 answer
  • A company purchased $3,600 worth of merchandise. transportation costs were an additional $315. the company later returned $250 w
    5·1 answer
  • "Investment X offers to pay you $5,800 per year for 9 years, whereas Investment Y offers to pay you $8,600 per year for 5 years.
    5·1 answer
  • Paula is opening her own bridal boutique. she decides to hire four salespeople to work in the store, one person to order the mer
    9·1 answer
  • in setting up a client agreement, you would request a down payment to cover a. the number of people to be served. b. legal fee c
    8·1 answer
  • Which of the following is a false statement?
    15·1 answer
  • Emily's grandmother bought her a treasury bond in 2020. When will it reach its maturity date?
    7·2 answers
  • the entity that normally is supposed to determine whether an academic researcher's conflic of interest can be managed is
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!