following situations may give rise to moral hazard: [Select all the correct options below.] O. The willingness to pay of buyers are unknown to the monopolist. O. The effort exerted by an agent to complete a task cannot be observed. O Buyinga laptop battery online, that may have be a counterfeit. O. A health insurance not knowing whether their customers engage risky behaviour (like smoking) or not. O. A shop manager not able to tell whether an employee keeps some of the change. O. Politicians receiving undisclosed payments from lobbying companies.

following situations may give rise to moral hazard: [Select all the correct options below.] O. The willingness to pay of buyers are unknown to the monopolist. O. The effort exerted by an agent to complete a task cannot be observed. O Buyinga laptop battery online, that may have be a counterfeit. O. A health insurance not knowing whether their customers engage risky behaviour (like smoking) or not. O. A shop manager not able to tell whether an employee keeps some of the change. O. Politicians receiving undisclosed payments from lobbying companies.

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter19: The Problem Of Adverse Selection

Section: Chapter Questions

Problem 1MC

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