This topic contains a solution. Click here to go to the answer

Author Question: Refer to the figure above. If the pre-tax equilibrium price of Good X was 3 and the price that ... (Read 94 times)

drink

  • Hero Member
  • *****
  • Posts: 554
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
Answer to Question 1

C

Answer to Question 2

C




drink

  • Member
  • Posts: 554
Reply 2 on: Jun 29, 2018
Gracias!


AISCAMPING

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

For a complete list of videos, visit our video library