« previous next »

Author Question: Average revenue equals the change in total revenue divided by the change in the quantity of output ... (Read 151 times)

SGallaher96

  • Hero Member
  • *****
  • Posts: 509
on: Jun 30, 2018
Average revenue equals the change in total revenue divided by the change in the quantity of output produced.
 a. True
  b. False

Question 2

Which of the following is not related to adverse selection in insurance markets?
 a. An insurance company has no way of distinguishing among applicants
  b. An insurance company must charge a higher price to applicants who are good health risks
  c. The price of insurance is attractive to poor health risks, but not to good ones
  d. The insured group becomes less healthy on average
  e. Because of the relative unhealthiness of the insured group, rates must rise


Expo

  • Sr. Member
  • ****
  • Posts: 351
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?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Average national IQs according to IQ and Global Inequality Average national IQs according to IQ and Global Inequality
A typical output driver. In this case, the PCM applies voltage to the fuel pump relay coil to ... A typical output driver. In this case, the PCM applies voltage to the fuel pump relay coil to ...
A spark tester connected to a spark plug wire or coil output. A typical spark tester will fire only ... A spark tester connected to a spark plug wire or coil output. A typical spark tester will fire only ...
Global climate change and CO2 concentration Global climate change and CO2 concentration
The change in the net of an irradiance, in Wm-2, at the tropopause The change in the net of an irradiance, in Wm-2, at the tropopause
What is the total resistance of the circuit in Figure 1? 150 What is the total resistance of the circuit in Figure 1? 150
Video: Smoking Cessation

For a complete list of videos, visit our video library