Author Question: Regulatory commissions often set a(n) ____ for a regulated business A) economic profit. B) fair ... (Read 56 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?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

For a complete list of videos, visit our video library