This topic contains a solution. Click here to go to the answer

Author Question: Refer to Figure 7-5. If consumers paid the full price of medical services, the equilibrium quantity ... (Read 110 times)

plus1

  • Hero Member
  • *****
  • Posts: 676
Refer to Figure 7-5. If consumers paid the full price of medical services, the equilibrium quantity would be
 
  A) 400. B) 800. C) 1,200. D) > 1,200.

Question 2

A tariff is
 
  A) a subsidy granted to importers of a vital input.
  B) a tax imposed by a government on goods imported into a country.
  C) a limit placed on the quantity of goods that can be imported into a country.
  D) a health and safety restriction imposed on an imported product.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dpost18

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

B

Answer to Question 2

B




plus1

  • Member
  • Posts: 676
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


nanny

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

For a complete list of videos, visit our video library