Author Question: In the above figure, the unregulated, competitive market equilibrium is tuition of ________ and the ... (Read 70 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?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

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?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

For a complete list of videos, visit our video library