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Author Question: One of the primary reasons that costly technology is being introduced into the health care system is ... (Read 136 times)

armygirl

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on: Jul 1, 2018
One of the primary reasons that costly technology is being introduced into the health care system is
 a. research scientists have successfully mapped the human genome.
  b. high cost is synonymous with better outcomes.
  c. third-party insurance finances most of the cost of care.
  d. all of the above.

Question 2

If the income elasticity of demand is 2, the good is
 a. a luxury.
  b. a normal good (but not a luxury).
  c. an inferior good.
  d. a Giffen good.


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ciecieme

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Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

a


armygirl

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Reply 2 on: Jul 1, 2018
Wow, this really help

Jsherida

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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