Author Question: Regulatory commissions often set a(n) ____ for a regulated business A) economic profit. B) fair ... (Read 19 times)

javeds

  • Hero Member
  • *****
  • Posts: 570
Regulatory commissions often set a(n) ____ for a regulated business
 A) economic profit.
  B) fair rate of return.
  C) overhead charge.
  D) entry barrier.

Question 2

The quantity of medical care demanded appears to be highly sensitive to changes in price.
 a. True
  b. False
  Indicate whether the statement is true or false



tkempin

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

B

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

For a complete list of videos, visit our video library