A system of universal medical insurance would tend to ________ ...

[fahad]

A system of universal medical insurance would tend to ________ the ________ for medical services.
 
  A) increase; elasticity of demand
  B) decrease; elasticity of demand
  C) decrease; quantity demanded
  D) decrease; non-monetary payments

Question 2

In part, microeconomics is concerned with
 
  A) how a business firm decides upon the amount it produces and the price it sets.
  B) changes in the economy's total output of goods and services over long periods of time.
  C) factors that explain changes in the unemployment rate over time.
  D) the Federal Reserve's policy decisions.

[covalentbond]

Answer to Question 1

B

Answer to Question 2

A

[fahad]

Thank you

[covalentbond]

No problemo