Author Question: Who is the seller in a primary market and who is the seller in a secondary market? What will be ... (Read 96 times)

clippers!

  • Hero Member
  • *****
  • Posts: 828
Who is the seller in a primary market and who is the seller in a secondary market?
 
  What will be an ideal response?

Question 2

What is special about healthcare that makes it a good provided by the government?
 
  What will be an ideal response?


chjcharjto14

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

The corporation issuing a bond or a stock is the seller in a primary market, while anyone who holds a stock or bond can sell in the secondary market.

Answer to Question 2

The government provides healthcare services because the marginal social benefit of healthcare exceeds the marginal benefit perceived by its consumers, Consumers underestimate the benefit of healthcare because they underestimate the health risks they face. They also underestimate their future needs for healthcare. And some people cannot afford the healthcare they need. For these reasons the majority of voters want healthcare to be available on need rather than on the ability and willingness to pay



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

For a complete list of videos, visit our video library