Author Question: If medical care is provided free of charge, a. no one utilizes it b. beneficiaries consume it up ... (Read 89 times)

littleanan

  • Hero Member
  • *****
  • Posts: 575
If medical care is provided free of charge,
 a. no one utilizes it
  b. beneficiaries consume it up to the point at which the demand curve intersects the vertical axis
  c. beneficiaries derive no consumer surplus from medical care
  d. beneficiaries consume the same amount they have always consumed
  e. beneficiaries consume it up to the point at which the marginal benefit of the final unit is zero

Question 2

The consumption of goods and services has both a money price and a time price.
 a. True
  b. False



apple

  • Sr. Member
  • ****
  • Posts: 352
Answer to Question 1

E

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

For a complete list of videos, visit our video library