Both demand & supply side of user markets are very specific to location & building type. This Implies user/space markets are highly ______________.

Which is true?

a. Brazil has seen an average decline in the number of children that the average Brazilian woman has b. on average, tall people are paid higher salaries c. As the Venezuelan govt seizes more foreign-owned businesses, her economic growth will decline d. all

Which of the following describes adverse selection in the insurance market?

a. The buyer has more information than the seller about whether they are high or low risk. b. The buyer behaves in a way they would not behave if they did not have insurance. c. The seller has more information about whether a buyer is high or low risk. d. The buyer and the seller know whether the buyer is high or low risk.