This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In an unregulated market for healthcare, there is A) a deadweight loss from over-providing ... (Read 67 times)

AEWBW

  • Hero Member
  • *****
  • Posts: 579
on: Jun 29, 2018
In an unregulated market for healthcare, there is
 
  A) a deadweight loss from over-providing healthcare.
  B) a deadweight loss from under-providing healthcare.
  C) no deadweight loss.
  D) Any of the above could be correcting depending on how the marginal cost paid by producers compares to the marginal social cost.

Question 2

A tax equal to the external marginal cost of an activity yields the efficient level of production because the tax
 
  A) achieves the competitive equilibrium.
  B) forces producers to face all costs of production including the external cost.
  C) ensures greater profits for the firm.
  D) eliminates all pollution.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shaikhs

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


AEWBW

  • Hero Member
  • *****
  • Posts: 579
Reply #2 on: Jun 29, 2018
Thank you :)


shaikhs

  • Sr. Member
  • ****
  • Posts: 312
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

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?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Loss of Indian Lands, 1850–2010 Loss of Indian Lands, 1850–2010
Myths and Facts About Weight Loss Myths and Facts About Weight Loss
Digital recording devices can be helpful when providing patient education to visually impaired ... Digital recording devices can be helpful when providing patient education to visually impaired ...
A slave market in Marrakesh, Morocco. This lithograph is from the 1800s. A slave market in Marrakesh, Morocco. This lithograph is from the 1800s.
Major causes of biodiversity loss Major causes of biodiversity loss
Creating a loss-of-function CFTR Creating a loss-of-function CFTR
Video: Introduction to Human Immunodeficiency Virus (HIV)

For a complete list of videos, visit our video library