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

Author Question: Refer to the figure above. If the pre-tax equilibrium price of Good X was 3 and the price that ... (Read 97 times)

drink

  • Hero Member
  • *****
  • Posts: 554
on: Jun 29, 2018
Refer to the figure above. If the pre-tax equilibrium price of Good X was 3 and the price that sellers receive after the imposition of a tax of 3 is 2, the incidence of the taxation on sellers is approximately ________.
 
  A) 1
  B) 15
  C) 33
  D) 21

Question 2

Which of the following is a problem that arises in a health insurance market?
 
  A) There are a large number of buyers of various insurance programs.
  B) There exists a fierce competition between the insurance providers.
  C) A disproportionate number of high-risk individuals are attracted to buy insurance.
  D) Only risk-averse individuals buy insurance.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

livaneabi

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


drink

  • Member
  • Posts: 554
Reply 2 on: Jun 29, 2018
Gracias!

jomama

  • Member
  • Posts: 346
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Hyperopia (farsightedness). In the uncorrected top figure, the image would come into focus behind th Hyperopia (farsightedness). In the uncorrected top figure, the image would come into focus behind th
figure 18-1 pituitary hormones figure 18-1 pituitary hormones
Take a good look at this woman Take a good look at this woman
Colossal Figure of Akhenaten Colossal Figure of Akhenaten
Peanut butter is good source of protein Peanut butter is good source of protein
The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ... The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ...
Video: Sickle Cell Anemia

For a complete list of videos, visit our video library