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

Author Question: A price ceiling imposed by the government: A) can create situations of excess demand. B) is a ... (Read 78 times)

j.rubin

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
A price ceiling imposed by the government:
 
  A) can create situations of excess demand.
  B) is a tax that increases the market price of a good.
  C) involves pricing a commodity above the market price.
  D) helps in establishing equilibrium in case of shortage or surplus.

Question 2

80 of the total number of people in Genovia with health insurance are above 40 years of age. Which of the following economic concepts helps in explaining this fact?
 
  A) The concept of negative externalities
  B) The concept of adverse selection
  C) The concept of free riding
  D) The concept of positive externalities


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yuyiding

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


j.rubin

  • Member
  • Posts: 557
Reply 2 on: Jun 29, 2018
Excellent

parker125

  • Member
  • Posts: 332
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

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?

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.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Alan Price - Poor People Alan Price - Poor People
Deficiency/Vice, Mean/Virtue, Excess/Vice Deficiency/Vice, Mean/Virtue, Excess/Vice
Rocking the leg to create rotation in the hip joint. Rocking the leg to create rotation in the hip joint.
The growth in demand for energy use is met by burning fossil fuels The growth in demand for energy use is met by burning fossil fuels
Growth of Government Spending, 1870–2009 Growth of Government Spending, 1870–2009
Reengineering the Ti plasmid to create transgenic plants Reengineering the Ti plasmid to create transgenic plants
Video: Bone Healing Animation

For a complete list of videos, visit our video library