This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A price ceiling imposed by the government: A) can create situations of excess demand. B) is a ... (Read 80 times)

j.rubin

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
A price ceiling imposed by the government:
 
  A) can create situations of excess demand.
  B) is a tax that increases the market price of a good.
  C) involves pricing a commodity above the market price.
  D) helps in establishing equilibrium in case of shortage or surplus.

Question 2

80 of the total number of people in Genovia with health insurance are above 40 years of age. Which of the following economic concepts helps in explaining this fact?
 
  A) The concept of negative externalities
  B) The concept of adverse selection
  C) The concept of free riding
  D) The concept of positive externalities


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yuyiding

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


j.rubin

  • Member
  • Posts: 557
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

isabelt_18

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th
Coding for Special Situations Coding for Special Situations
Ceiling effect of aspirin. A plateau is reached where increasing the dose of aspirin will not create ... Ceiling effect of aspirin. A plateau is reached where increasing the dose of aspirin will not create ...
Slap the foot bottom with the back of the hand. Rapid, light slaps create a stimulating sensation. Slap the foot bottom with the back of the hand. Rapid, light slaps create a stimulating sensation.
China has relied on cheap coal to meet its demand for energy China has relied on cheap coal to meet its demand for energy
List transformations and Create a table of values for the following log function: List transformations and Create a table of values for the following log function:
Video: Bulk flow - Factors that influence bulk flow

For a complete list of videos, visit our video library