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Author Question: Refer to Figure 7-4. If consumers paid the full price of medical services, the equilibrium quantity ... (Read 128 times)

yoooooman

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on: Jun 29, 2018
Refer to Figure 7-4. If consumers paid the full price of medical services, the equilibrium quantity would be
 
  A) 200. B) 500. C) 700. D) >700.

Question 2

When Airbnb customers in Malibu start paying hotel taxes, this will have the potential to ________ the equilibrium price in this market and, therefore, ________ efficiency.
 
  A) raise; increase B) raise; decrease C) lower; decrease D) lower; increase


zenzy

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


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