?An example of moral hazard is

a. A taxi driver paid per mile taking a longer route than necessary
b. a piece-rate garment worker shirking more than a per hour worker
c. an hourly salesman working harder than a commission salesman
d. an author on contract going to as many book signings as one with a percentage royalty rate


Answer: a. A taxi driver paid per mile taking a longer route than necessary

Economics

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