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    Managerial Economics in a Global Economy
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    Exam 14: Risk Analysis
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    After John Bought a More Expensive Car Insurance, He Started
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After John Bought a More Expensive Car Insurance, He Started

Question 96

Question 96

Multiple Choice

After John bought a more expensive car insurance, he started driving recklessly. This is an example of


A) market for lemons.
B) adverse selection.
C) moral hazard.
D) all of the above.

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