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Author Question: Because consumers who have insurance provided by their employers usually only pay a deductible for a ... (Read 62 times)

jwb375

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Because consumers who have insurance provided by their employers usually only pay a deductible for a visit to the doctor's office
 
  A) they demand a larger quantity of health care services than they would if they paid a price that better represented the true cost of providing the service.
  B) the insurance companies provide a larger quantity of health care services than they would if the consumer paid a price that better represented the true cost of providing the service.
  C) the doctors supply a smaller quantity of health care services than they would if the consumer paid a price that better represented the true cost of providing the service.
  D) they demand a smaller quantity of health care services than they would if they paid a price that better represented the true cost of providing the service.

Question 2

The price elasticity of supply for umbrellas is 2. Suppose you're told that following a price increase, quantity supplied increased by 30 percent. What was the percentage change in price that brought this about?
 
  A) 15 percent
  B) 60 percent
  C) 6.7 percent
  D) impossible to determine without additional information


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nital

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jwb375

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


bulacsom

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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