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____ [38]
3 years ago
11

6) The problem created by asymmetric information before the transaction occurs is called ________, while the problem created aft

er the transaction occurs is called ________.
Social Studies
1 answer:
IceJOKER [234]3 years ago
3 0

Answer:

Adverse selection; Moral hazard

Explanation:

Asymmetric information refers to a situation in which one person have more information about the other person while engage in a transaction.

Suppose there are a buyer and a seller in a insurance market. In this market, a buyer have more information than the insurance seller because he knows better about his health condition and how much he is involved in riskier activities. Therefore, this problem is known as adverse selection.

Moral hazard refers to a problem which occurs after the transaction has occured. It occurs when someone try to engage in riskier activities because he or she knows that other party bears the burden of cost if there is anything goes wrong.

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What are the main effect of the political instability in a country to the business people?
Zolol [24]

Answer:

Legislation and laws that are implemented by the government has a way to build or break the business such as environmental laws , educational laws and other laws which regulate how the business functions which may restrict how the business operates hence affecting its success.

The business may suffer major losses as a result of these politically implemented laws.

The government policy has effect on economic, social and legal factors which can all impact the business negatively or positively .

When the tax increases or decreases for a company, this has an effect on its overall function.

The interest rate is also affected by how the government deals with certain economical issues which can have an effect on the company too.

Political decisions have a major role on invention of new technologies, the interaction between social and cultural environment and the economy .

The government can accept or reject new technology inventions let us say a particular business needs that innovation to strive for success if it is rejected by the government then the business is negatively affected.

How the government of your country interact with the other countries will also have an impact on how you can reach out to other countries with your products .

If there exist a good relationship it will be easy to work with the outside countries if it is bad it won't be easy to take the business to other countries.

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3 years ago
I'm having a hard time determining where to put what. Can anyone please help?? :(
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Can you please explain what you are supposed to do 
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Statutory forms, such as the L1, F5, etc. are considered governmental documents and subject to ______ action if there are any fa
Anna35 [415]

Answer:

Commission disciplinary, Departmental disciplinary, or Criminal action

Explanation:

According to my research on governmental documents, I can say that based on the information provided within the question they are subjected to Commission disciplinary, Departmental disciplinary, or Criminal action. This depends on who decides to sue the liable party. Therefore it can be any of the actions stated above.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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