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jadenayngel1377
jadenayngel1377
04.01.2020 • 
Business

Fire insurance policies include deductibles:
a. because when it comes to fire, most people are risk-averse.
b. because it is too expensive to insure fully something against fire.
c. to minimize moral hazard.
d. to maximize adverse selection.
used-car dealers will often advertise how long they have been in business as a means of their long-term
a. signaling; reputation
b. screening; customers
c. insuring; capital at risk
d. revealing; moral hazard

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