​Which Is NOT an Example of Moral Hazard

question 77

Multiple Choice

​Which is NOT an example of moral hazard

• A)​people eat more at all-you-can-eat buffets
• B)loggers clear-cut a tract of land when paying a fixed fee rather than when paying per tree felled
• C)Drivers of heavier,safer cares are more likely to run stop signs
• D)​workers paid an hourly wage work harder than those on commission

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Definitions:

Egocentrism

In developmental psychology, a phase where a child is unable to differentiate between their own perspective and that of others, often observed in early childhood.

Three Mountains Test

A cognitive task used to assess egocentrism in children, involving their ability to understand and describe different perspectives.

Conservation Tasks

Tasks designed to assess a child's ability to understand that certain properties of objects or substances remain the same despite changes in shape or arrangement.

Transitivities

In mathematics, transitivities refer to the quality of certain binary relations that if they relate to some element, they also relate similarly to another.