If the production of a good involves positive externalities, ________.
A) the market price of the good is higher than its optimal price
B) the market price of the good is lower than its optimal price
C) the average cost of production of the good in the long run is zero
D) the variable cost of production of the good is zero
Question 2
The Harvard experiment found the answer to Why is private health insurance so expensive? is:
A) adverse selection - healthier patients don't want expensive coverage.
B) adverse selection - poorer patients want more free health care.
C) adverse selection - Harvard employees wanted more extensive coverage.
D) adverse selection - health care subsidies resulted in unhealthy patients wanting more coverage.
Norway lobsters on sale at a Spanish market
(A) Scratch test; patient is exposed to allergens through a light scratch on the skin; (B) Positive
Nonverbal communications convey strong, powerful messages that may be negative or positive.
Block Diagram of Single-stage Pressure System for Dual-Stage Pressure Production of Nitric Acid
Asomatognosia typically involves damage to the right parietal lobe.
Positive velocity graph