Economics · Market Failure
Why do individuals act in riskier ways after being insured?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Due to the problem of adverse selection
- 2Due to the problem of false confidence
- 3Due to the problem of moral hazard✓
- 4Due to the problem of screening costs
Correct answer
Due to the problem of moral hazard
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Market Failure MCQs →Want more practice questions on Market Failure?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Market Failure