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

Author Question: Refer to the figure above. If the pre-tax equilibrium price of Good X was 3 and the price that ... (Read 82 times)

drink

  • Hero Member
  • *****
  • Posts: 554
on: Jun 29, 2018
Refer to the figure above. If the pre-tax equilibrium price of Good X was 3 and the price that sellers receive after the imposition of a tax of 3 is 2, the incidence of the taxation on sellers is approximately ________.
 
  A) 1
  B) 15
  C) 33
  D) 21

Question 2

Which of the following is a problem that arises in a health insurance market?
 
  A) There are a large number of buyers of various insurance programs.
  B) There exists a fierce competition between the insurance providers.
  C) A disproportionate number of high-risk individuals are attracted to buy insurance.
  D) Only risk-averse individuals buy insurance.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

livaneabi

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


drink

  • Member
  • Posts: 554
Reply 2 on: Jun 29, 2018
Wow, this really help

jojobee318

  • Member
  • Posts: 298
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

To help make good electrical contact with the terminals without doing any harm, select the ... To help make good electrical contact with the terminals without doing any harm, select the ...
Mobilize knuckles with figure-8s. Turn the hand so palm faces the table. Grasp the proximal phalange ... Mobilize knuckles with figure-8s. Turn the hand so palm faces the table. Grasp the proximal phalange ...
Statuette of a Male Figure Statuette of a Male Figure
Potatoes are a good source of complex carbohydrates Potatoes are a good source of complex carbohydrates
Kinesthesis and Equilibrium Kinesthesis and Equilibrium
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ... Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
Video: Wound Cultures

For a complete list of videos, visit our video library