Lower deductibles for employer-provided health care will tend to ...

[deesands]

Lower deductibles for employer-provided health care will tend to shift the ________ curve for medical services to the ________.
 
  A) supply; right B) demand; right C) supply; left D) demand; left

Question 2

Refer to Figure 7-3. With a quota in place, what is the quantity consumed in the domestic market and what portion of this is supplied by imports?
 
  A) Domestic consumption equals 28 million pounds of which 18 million pounds are imports.
  B) Domestic consumption equals 34 million pounds of which 18 million pounds are imports.
  C) Domestic consumption equals 40 million pounds of which 22 million pounds are imports.
  D) Domestic consumption equals 34 million pounds of which 16 million pounds are imports.

[Alyson.hiatt@yahoo.com]

Answer to Question 1

B

Answer to Question 2

D

[deesands]

TYSM

[cici]

Excellent