To reduce adverse selection
A) firms can use screening.
B) both consumers and firms can use screening.
C) the government could eliminate all monopolies and oligopolies.
D) Both B and C.
B
Economics
You might also like to view...
If an economy is producing on its PPF, then it is definitely achieving
A) both production and allocative efficiency. B) only production efficiency, but it definitely is not achieving allocative efficiency. C) only allocative efficiency, but it is definitely not achieving production efficiency. D) neither production nor allocative efficiency. E) only production efficiency.
Economics
The excess burden of an income tax is a function of the _____
a. average tax rate b. flat tax rate c. marginal tax rate d. Laffer curve
Economics