Author Question: If the demand for cigarettes decreases after the U.S. Surgeon General publicizes five new diseases ... (Read 157 times)

Tazate · **on:** Jun 29, 2018

If the demand for cigarettes decreases after the U.S. Surgeon General publicizes five new diseases associated with smoking, this is conclusive evidence that the demand for cigarettes is elastic.

Indicate whether the statement is true or false

Question 2

In the health insurance market, adverse selection occurs when

A) chronically ill people buy health insurance.
B) insured people go to the doctor unnecessarily.
C) patients sue their doctor.
D) people with health insurance tend to behave more recklessly.