If the production of a good involves positive externalities, ________.
A) the market price of the good is higher than its optimal price
B) the market price of the good is lower than its optimal price
C) the average cost of production of the good in the long run is zero
D) the variable cost of production of the good is zero
Question 2
The Harvard experiment found the answer to Why is private health insurance so expensive? is:
A) adverse selection - healthier patients don't want expensive coverage.
B) adverse selection - poorer patients want more free health care.
C) adverse selection - Harvard employees wanted more extensive coverage.
D) adverse selection - health care subsidies resulted in unhealthy patients wanting more coverage.
Cell-wall structure of Gram-positive and Gram-negative bacteria.
A coronary artery bypass graft (CABG) is a procedure to bypass a blocked coronary artery. The proced
The bacterial cell wall: (a) gram-positive bacterium; (b) gram-negative bacterium.
Modern Predication of Peak in Global Oil Production
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
Determination of the genotype of F2 plants by the production of F3 progeny