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Author Question: When demand is unit elastic A) price and revenue move in opposite directions. B) price and revenue ... (Read 73 times)

scienceeasy

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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

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

b


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