This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A price ceiling imposed by the government: A) can create situations of excess demand. B) is a ... (Read 69 times)

j.rubin

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
A price ceiling imposed by the government:
 
  A) can create situations of excess demand.
  B) is a tax that increases the market price of a good.
  C) involves pricing a commodity above the market price.
  D) helps in establishing equilibrium in case of shortage or surplus.

Question 2

80 of the total number of people in Genovia with health insurance are above 40 years of age. Which of the following economic concepts helps in explaining this fact?
 
  A) The concept of negative externalities
  B) The concept of adverse selection
  C) The concept of free riding
  D) The concept of positive externalities


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yuyiding

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


j.rubin

  • Member
  • Posts: 557
Reply 2 on: Jun 29, 2018
Excellent

fatboyy09

  • Member
  • Posts: 358
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Desert shrubs create distinctive thermal microclimates in the desert landscape Desert shrubs create distinctive thermal microclimates in the desert landscape
As the glass ceiling slowly cracks, women are gaining entry into the top positions of society. Shown ... As the glass ceiling slowly cracks, women are gaining entry into the top positions of society. Shown ...
The pressure valve maintains the system pressure and allows excess pressure to vent. The vacuum ... The pressure valve maintains the system pressure and allows excess pressure to vent. The vacuum ...
The side injector combines with the shape of the piston to create a swirl as the piston moves up ... The side injector combines with the shape of the piston to create a swirl as the piston moves up ...
Pulling a skewer through chocolate and raspberry-sauce dots to create a border of hearts Pulling a skewer through chocolate and raspberry-sauce dots to create a border of hearts
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Video: Action potentials - electrical characteristics and generation

For a complete list of videos, visit our video library