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Author Question: Which of the following help to correct for the market failure of imperfect information? (Read 114 times)

go.lag

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on: Apr 19, 2019

Question 1

One reason to require medical practitioners to be licensed is that


◦ medical care involves substantial externalities.
◦ medical care is so expensive.
◦ medical care is a public good.
◦ medical care consumers lack perfect information.

Question 2

Which of the following help to correct for the market failure of imperfect information?


◦ truth-in-advertising regulations
◦ used car warranties
◦ medical licensing
◦ All of these are correct.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by go.lag on Apr 19, 2019

heinisk01

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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go.lag

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Reply #2 on: Apr 19, 2019
TY


heinisk01

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Reply #3 on: Apr 19, 2019
You're welcome


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