An Example of Moral Hazard Is​

question 12

Multiple Choice

An example of moral hazard is​

• A)​people drive as carefully in icy conditions with antilock brakes as without
• B)people drive as safely with more airbags as without
• C)football players avoid 'spearing' with their heads even with safer helmets
• D)​people fail to read the medicine warnings more often when self-medicating versus with a doctor's prescription         

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Definitions:

Employee Satisfaction

The level of contentment and positivity that employees feel towards their job and workplace environment.

Absenteeism

The frequent or habitual absence from work or duty without good reason, which can negatively impact productivity.

Repeat Orders

Repeat orders refer to subsequent orders placed by customers for products or services, indicating satisfaction with previous transactions and loyalty to a brand or company.

Service Complaints

Feedback or grievances expressed by customers regarding the inadequacy or failure of a service.