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This means that there should be a balance between the cost and benefit of pollution control. If the business is asked to pay more than the benefits it has obtained, this request will become ineffecient for the business and the business will close.
2. Adverse selection is a term used to refer to the outcomes of the decisions that are based on varying information. This outcome is caused because the information available to the purchasers and sellers is not same. Moral hazard is term used to describe a situation when an individual takes an action knowing that it will not negatively impact him but will negatively impact others and the individual himself experiences profitability out of this decision. Moral hazards are experienced by the insurance sector of the health industry, although difference in information exists in different parts of the health industry, but it impacts the insurance sector in the worst possible manner (Taylor 484). Due to asymmetry of information, insurance fail to realize the real risk they are taking in insuring an individual. Adverse selection effects health insurance companies because the best plans offered by the companies are usually purchased by those whoa re terminally ill and such plans cost more money to insurance
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content” … “[does away] with high quality information, high-quality entertainment and replaces it with user-generated content, which is unreliable, inane, and often rather corrupt” (Brown & Keen, 2012). I believe that structured and evidence-supported user generated
Such cases lead to filing of law suits on the part of the cargo’s insurance companies and on both parties of buyers and sellers. In circumstances such as the ocean disasters reflected in the photographs, the buyer should have included a condition subsequent
Therefore, 5,792,324 cubic inch per minute =2.07 cubic yard per hour.
5. 2.5 tons/square yard to Ibs per square inch. First convert tones into pounds. 1 ton is equivalent to 2200 pounds. Therefore, 2.5 tons = 2.5* 2200 = 5500 pounds. Also, convert square
The impact of government report about the outbreak of salmonella poisoning a recent kumquat crop will cause the demand curve to shift towards the left indicating a decrease in demand. This is shown in the diagram below;
If the price
When the internet technology first came, it was very expensive to access the internet and people would make huge sales from the internet. With time everyone can access internet at a cheaper price and more easily. Almost every house has
However, there are situations where participating convertible preferred is same as redeemable convertible preferred when it comes to bonds payable in terms of interests and credit-ratings. Another interesting similarities involves the use
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