« previous next »

Author Question: When demand is unit elastic A) price and revenue move in opposite directions. B) price and revenue ... (Read 57 times)

scienceeasy

  • Hero Member
  • *****
  • Posts: 565
on: Jun 30, 2018
When demand is unit elastic
 A) price and revenue move in opposite directions.
  B) price and revenue are not related.
  C) price and quantity demanded move in opposite directions.
  D) price and revenue move in the same direction.

Question 2

Adverse selection problems in health insurance are reduced by all of the following except:
 a. requiring physical exams.
 b. requiring patients to pay higher deductibles.
 c. insuring entire groups.
 d. by limiting the period of open enrollment in health insurance plans.


epscape

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

The nurse cares for the postop client in the postanesthesia care unit (PACU). The nurse cares for the postop client in the postanesthesia care unit (PACU).
A vane phaser is used to move the camshaft using changes of oil pressure from the oil control valve. A vane phaser is used to move the camshaft using changes of oil pressure from the oil control valve.
If the coil is working, the end of the magnetic pickup tool will move with the changes in the ... If the coil is working, the end of the magnetic pickup tool will move with the changes in the ...
Establish contact by rocking the leg inward and outward in rotation. Hands move along the entire ... Establish contact by rocking the leg inward and outward in rotation. Hands move along the entire ...
Illustrated correlation between the Mendelian postulates of unit factors Illustrated correlation between the Mendelian postulates of unit factors
If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ... If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ...
Video: Phases of an Action Potential - Resting Potential, Threshold, Rising, Falling, & Recovery Phases

For a complete list of videos, visit our video library