Author Question: Who is the seller in a primary market and who is the seller in a secondary market? What will be ... (Read 88 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?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

For a complete list of videos, visit our video library