This topic contains a solution. Click here to go to the answer

Author Question: Because consumers who have insurance provided by their employers usually only pay a deductible for a ... (Read 87 times)

jwb375

  • Hero Member
  • *****
  • Posts: 540
Because consumers who have insurance provided by their employers usually only pay a deductible for a visit to the doctor's office
 
  A) they demand a larger quantity of health care services than they would if they paid a price that better represented the true cost of providing the service.
  B) the insurance companies provide a larger quantity of health care services than they would if the consumer paid a price that better represented the true cost of providing the service.
  C) the doctors supply a smaller quantity of health care services than they would if the consumer paid a price that better represented the true cost of providing the service.
  D) they demand a smaller quantity of health care services than they would if they paid a price that better represented the true cost of providing the service.

Question 2

The price elasticity of supply for umbrellas is 2. Suppose you're told that following a price increase, quantity supplied increased by 30 percent. What was the percentage change in price that brought this about?
 
  A) 15 percent
  B) 60 percent
  C) 6.7 percent
  D) impossible to determine without additional information


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nital

  • Sr. Member
  • ****
  • Posts: 320
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 32% of students answer this correctly




jwb375

  • Member
  • Posts: 540
Reply 2 on: Jun 29, 2018
Excellent


marict

  • Member
  • Posts: 304
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

For a complete list of videos, visit our video library