Author Question: Which of the following helps in determining whether health care cost rises because of government ... (Read 61 times)

asd123 · **on:** Jun 30, 2018

Which of the following helps in determining whether health care cost rises because of government policy, or because of demand rising faster than supply?
a. Examining the market for health care away from the belief that the market outcome is unfair
b. Examining the market for health care with the belief that the market outcome is unfair
c. Examining the allocation system
d. Examining the changes in the price of health care products
e. Examining the changes in the number of suppliers of health care in the market

Question 2

If a consumer is maximizing utility and then the price of Good A increases:
a. the marginal utility from the consumption of Good A will fall.
b. the marginal utility from the consumption of Good A will remain unchanged.
c. the marginal utility per dollar spent on Good A will decrease.
d. consumption of Good A will increase.