Adverse selection and moral hazard are two important concepts we learned in class.  (1) Give two specific examples on how to combat adverse selection in an insurance market. (6 points) (2) Briefly explain what is “signaling” (from an economist’s view) and how it may reduce adverse selection. (3 points) (3) Give two specific examples, one on moral hazard related to an insurance market, one on moral hazard not related to insurance markets. (6 points)

Indicate whether the statement is true or false, and justify your answer.In the RAND HIE, being assigned more generous insurance did not generally improve participants’ health outcomes, except among certain subgroups.

Which of the toxins and chemical agents in food safety are ones to which you, considering your lifestyle and eating habits, are most susceptible? Were you aware of these dangers?

1. After purchasing the product the consumer will be satisfied or disattisfied and will engage in post purchase behaviour. True or False 2. Today technological environment changes more rapidly than core cultural beliefs do. True or False 3. Dissonance reducing buying behaviour typically occurs when a buyer sees little difference among brands but is highly involved with the purchase of an expensive product. True or False 4. Environmental elements are categorised as internal factors that affect pricing decisions True or False 5. The macro-environment consists of Political, Legal, Customers and Competitors components True or Falsee

3. Companies such as Johnson and Johnson are in a more advantaged position because they have the product knowledge and thus, consumers must rely on them for accurate information about product safety, usage, and effectiveness. Given this situation, companies have a duty to take special care to ensure that consumers' interests are not harmed by the products that they offer them. Discuss what can Johnson and Johnson do in design, production, and marketing to ensure that the above is achieved.       Only typing answer Please explain step by step

Think about your own diet. Are there vitamins in which you think you might be deficient? What are they? How would you go about changing your diet so that you could meet the daily requirements without having to take a supplement?