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Author Question: Refer to Figure 7-5. If consumers paid the full price of medical services, the equilibrium quantity ... (Read 77 times)

plus1

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Refer to Figure 7-5. If consumers paid the full price of medical services, the equilibrium quantity would be
 
  A) 400. B) 800. C) 1,200. D) > 1,200.

Question 2

A tariff is
 
  A) a subsidy granted to importers of a vital input.
  B) a tax imposed by a government on goods imported into a country.
  C) a limit placed on the quantity of goods that can be imported into a country.
  D) a health and safety restriction imposed on an imported product.



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dpost18

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Answer to Question 1

B

Answer to Question 2

B




plus1

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


skipfourms123

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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