What is a firm? What other terms do economists use ...

[crobinson2013]

What is a firm? What other terms do economists use interchangeably with the term firm?
 
  What will be an ideal response?

Question 2

The Patient Protection and Affordable Care Act (ACA) is scheduled ________, at which point more than 30 million additional individuals are expected to have health care coverage.
 
  A) to be completely in place in 2016 B) to be phased out by 2015
  C) to be phased in over the next 20 years D) to be fully implemented by 2019

[s.meritte]

Answer to Question 1

A firm is an organization that produces a good or service. Firms are also called companies or businesses.

Answer to Question 2

D

[crobinson2013]

Thanks for the timely response, appreciate it

[triiciiaa]

TYSM