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
<u>Answer:
</u>
The measure of excellence in technical communication that the decision would affect is accessibility.
<u>Explanation:
</u>
- The decision would extend the range of listeners of the podcasts and that would mean an increase in the number of audiences.
- As a CEO, the individual would be deemed to be as both, intelligent and compassionate.
- The decision would probably start a new trend in the discipline of podcasts where the competitors would also choose to do the same.
I think that the united states biggest trading partner( in terms of goods and services traded bilaterally) is China.
Indirect.
This is because indirect tax is a tax on expenditure, whereas direct tax is a tax on income and wealth. Progressive taxes tax the rich more than the poor, but a sales tax charges everyone the same, therefore it is a regressive tax instead, as it takes up more of the poor's income. As it is not a choice, the answer is then an indirect tax.
Answer:
see below
Explanation:
There exists a direct relationship between the price of a commodity and the quantity supplied. Producers find it more profitable to increase supplier when the prices are high. As businesses are motivated by profits, high prices are likely to generate more profits. High prices are a motivation to supply large quantities.
If the price of necklaces goes up, Rachel will supply more to the markets. She will take advantage of the high prices to sell more and make bigger profits. Low prices lead to reduced profits or even losses. At low prices, Rachael will supply a few necklaces in the market.