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 83 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

nothere

  • Member
  • Posts: 324
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Hydrocephalus. The figure on the left is a child with the enlarged ventricles of hydrocephalus. The Hydrocephalus. The figure on the left is a child with the enlarged ventricles of hydrocephalus. The
Tracheostomy. A tracheotomy, or incision into the trachea, is performed to create an opening into th Tracheostomy. A tracheotomy, or incision into the trachea, is performed to create an opening into th
In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai
A Karman Vortex air flow sensor uses a triangle-shaped rod to create vortexes as the air flows ... A Karman Vortex air flow sensor uses a triangle-shaped rod to create vortexes as the air flows ...
Excess nutrients cause algal blooms Excess nutrients cause algal blooms
How many grams of H2 gas can be produced by the reaction of 54.0 grams of Al(s) with an excess ... How many grams of H2 gas can be produced by the reaction of 54.0 grams of Al(s) with an excess ...
Video: Bone Healing Animation

For a complete list of videos, visit our video library