Which of the following is an example of adverse selection?
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Thomas refuses to pay for the construction of a swimming pool in his neighborhood that will be open to the public free of cost.
Patrick uses the service of a mechanic to inspect the condition of a second-hand Dodge he is interested in buying.
When the National Museum increased its entry fee, there was a reduction in its sale of tickets.
Harry refuses to buy health insurance at high premiums because he feels that he is in good health.
Moonlife LLC. observed that its total revenue is proportional to the quantity of good sold. It is likely that Moonlife LLC. is a:
perfectly competitive firm.