Author Question: In the above figure, the unregulated, competitive market equilibrium is tuition of ________ and the ... (Read 50 times)

bcretired

  • Hero Member
  • *****
  • Posts: 525
In the above figure, the unregulated, competitive market equilibrium is tuition of ________ and the equilibrium quantity is ________ students in college.
 
  A) 18,000; 30 million
  B) 12,000; 40 million
  C) 6,000; 50 million
  D) 18,000; 50 million

Question 2

Health care costs rose more than 10 percent in 2011, according to a survey of insurers by Aon Consulting Worldwide. If the increase in costs solely comes from increased wages to nurses and doctors, then for the health care industry
 
  A) variable costs are increasing.
  B) fixed costs are increasing.
  C) long run average total cost is decreasing.
  D) productivity is increasing.



ryansturges

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

For a complete list of videos, visit our video library