--%>
Assignment Help - homework help

Instance of Adverse Selection

Nutcake Products hires new staffs devoid of revealing that the rising demand for nutcakes and partial staffing make it not possible for staffs to take their guaranteed 2-week vacations. Nut cake’s shortage of candor is most unambiguously an instance of: (1) Symmetric information. (2) Immoral hazard. (3) Adverse selection. (4) Unfair benefit. (5) Perverse selection.

Can someone please help me in finding out the accurate answer from the above options.

   Related Questions in Microeconomics

  • Q : Income elasticity of positive and

    This given figure as in below demonstrates how consumption of goods A, B, C and D varies like a family’s income changes. Since income rises, the income elasticity of demand is positive and increasing for: (w) good A. (x) good B  (y) good C.

    		•
  • Q : Problem on Proprietorships Can someone

    Can someone please help me in finding out the accurate answer from the following question. The most general legal form of business in United States is: (1) Sole proprietorships. (2) Partnerships. (3) Cooperatives. (4) Corporations.

    		•
  • Q : Competitive Resource Market Supply

    Can someone please help me in finding out the accurate answer from the following question. As resources should be hired away from other utilizations, the resource supply curves facing a big and expanding competitive industry are usually: (1) U shaped. (2) Horizontal.

    		•
  • Q : Substitutes and Complements The

    The increase in the price of a good generally also rises the: (i) Demands for its substitutes. (ii) Supply of its complements. (iii) Purchasing power of the consumer incomes. (iv) Demand for its complements. Can someone please help

    		•
  • Q : Bond Prices and Interest Rates When you

    When you buy a bond at an interest rate of 15 percent and sell it while the interest rate is 10 percent, then you will: (w) receive more than you paid for the bond. (x) receive less than you paid for the bond. (y) receive similar amount that you paid

    		•
  • Q : Case study on Microeconomics Hello, I

    Hello, I did attach case study on Microeconomics. Regards,

    		•
  • Q : Substitute goods in cross-elasticity of

    The cross-elasticity of demand among any pair of goods is positive when the goods are: (i) luxuries. (ii) necessities. (iii) complements. (iv) substitutes. Hey friends please give your opinion for the problem of

  • Q : Oligopoly output control by

    An industry dominated by some consciously interdependent firms which control most of its output is an: (1) uncontestable market. (2) oligopoly. (3) illegal conspiracy. (4) unnatural monopoly. (5) entrepreneurial cartel. Can someone

    		•
  • Q : Monopolistic competitor in market When

    When this monopolistic competitor makes Q units: (1) P > MC. (2) MR = MC. (3) total revenue total cost is maximized. (4) MSB > MSC. (5) All of the above.

    Q : Requirement of Production Possibilities

    Deriving a production possibilities frontier needs the supposition that: (1) Resources are variable in the supply. (2) There are limitless numbers of goods. (3) Economic growth takes place at a normal rate. (4) All scarce resources are proficiently em

    		•