subject
Business, 07.10.2019 18:30 nana54muller

Bbb auto club provides emergency road service and other services to its members. bbb auto club charges a higher membership fee to new members than it charges to members who are renewing their membership. when asked to explain this pricing policy, the auto club president noted, "new members often sign-up prior to taking a long road trip, so we have to charge more as first-year members have higher service utilization rates." a similar phenomenon observed in insurance markets is called

a. attitudinal hazard.
b. adverse selection.
c. risk aversion.
d. moral hazard.

ansver
Answers: 2

Another question on Business

question
Business, 23.06.2019 00:40
Skathy lee berggren, a professor of oral communication at cornell university, indicates “a lot of my students re­ally [only] scratch the surface with the type of research they’re doing.” according to andy guess, at inside higher ed, “just because students walk in the door as ‘digital natives’, doesn’t mean they’re equipped to handle the heavy lifting of digital databases and proprietary search engines that comprise the bulk of modern, online re­search techniques.” students erroneously think a google search is research. as you read through the reasons that should stimulate your interest in studying research methods or evaluate the nine factors that guarantee good research, what actions do you propose to narrow the gap between students’ research competence and what’s required of a modern college graduate about to become a manage
Answers: 1
question
Business, 23.06.2019 00:40
You are a team of marketing consultants. it is 2008 and the great recession has struck. one of your clients is whole foods market (sometimes known as whole paycheck). wfm has come to you and asked for strategic advice on how to adapt their product and pricing strategies in light of the economic downturn: 1. advise wfm on the various approaches that could be taken to reducing price. be sure to consider potential psychological impact of price reductions on wfm consumers. 2. based on the options outlined in part 1, recommend an approach and support with marketing theory.
Answers: 2
question
Business, 23.06.2019 01:00
While on vacation in las vegas jennifer, who is from utah, wins a progressive jackpot playing cards worth $15,875 at the casino royale. what implication does she encounter when she goes to collect her prize?
Answers: 3
question
Business, 23.06.2019 07:40
S. you are changing planes in london for a flight to paris where you will connect with your flight to capetown. you are picking up reading material for the flight and are looking at the prices listed on the economist magazine which conveniently lists prices in several different global currencies. you note that the price in pounds is 2.40 pounds and the price in euros is 2 euros. the exchange rate for the dollar (your credit card was issued in the usa) is $1.59/pound and s1.3837/euro. should you buy reading materials now or wait until you're in paris?
Answers: 3
You know the right answer?
Bbb auto club provides emergency road service and other services to its members. bbb auto club charg...
Questions
question
Mathematics, 30.08.2021 17:00
question
Mathematics, 30.08.2021 17:00
question
Mathematics, 30.08.2021 17:00
question
Business, 30.08.2021 17:00
Questions on the website: 13722362