The health services market differs from many others in that, ...

[AEWBW]

The health services market differs from many others in that, because of insurance, the consumer often pays only a fraction of the direct cost of care.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Marginal product of labor is:
 a. the extra output produced by an additional worker, all else unchanged.
  b. the extra wage earned by an additional worker, all else unchanged.
  c. the total output produced when an extra worker is hired.
  d. the total revenue earned when an extra worker is hired.

[JCABRERA33]

Answer to Question 1

True

Answer to Question 2

A

[AEWBW]

YES! Correct, THANKS for helping me on my review

[smrtceo]

Thanks for the timely response, appreciate it