Author Question: Who is the seller in a primary market and who is the seller in a secondary market? What will be ... (Read 106 times)

clippers!

  • Hero Member
  • *****
  • Posts: 828
Who is the seller in a primary market and who is the seller in a secondary market?
 
  What will be an ideal response?

Question 2

What is special about healthcare that makes it a good provided by the government?
 
  What will be an ideal response?


chjcharjto14

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

The corporation issuing a bond or a stock is the seller in a primary market, while anyone who holds a stock or bond can sell in the secondary market.

Answer to Question 2

The government provides healthcare services because the marginal social benefit of healthcare exceeds the marginal benefit perceived by its consumers, Consumers underestimate the benefit of healthcare because they underestimate the health risks they face. They also underestimate their future needs for healthcare. And some people cannot afford the healthcare they need. For these reasons the majority of voters want healthcare to be available on need rather than on the ability and willingness to pay



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

For a complete list of videos, visit our video library