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

Author Question: Which of the following help to correct for the market failure of imperfect information? (Read 73 times)

go.lag

  • Hero Member
  • *****
  • Posts: 667
on: Apr 19, 2019

Question 1

One reason to require medical practitioners to be licensed is that


◦ medical care involves substantial externalities.
◦ medical care is so expensive.
◦ medical care is a public good.
◦ medical care consumers lack perfect information.

Question 2

Which of the following help to correct for the market failure of imperfect information?


◦ truth-in-advertising regulations
◦ used car warranties
◦ medical licensing
◦ All of these are correct.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by go.lag on Apr 19, 2019

heinisk01

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


go.lag

  • Hero Member
  • *****
  • Posts: 667
Reply #2 on: Apr 19, 2019
TY


heinisk01

  • Sr. Member
  • ****
  • Posts: 329
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

MSDS labels provide an abridged version of substance hazards information and must be permanently ... MSDS labels provide an abridged version of substance hazards information and must be permanently ...
Organizing Drug Information by Pharmacologic Classification Organizing Drug Information by Pharmacologic Classification
A typical calibration code sticker on the case of a controller. The information on the sticker is ... A typical calibration code sticker on the case of a controller. The information on the sticker is ...
The WISER entry for hydrogen cyanide (bottom). Useful information includes detailed health ... The WISER entry for hydrogen cyanide (bottom). Useful information includes detailed health ...
The WISER entry for hydrogen cyanide (bottom). Useful information includes detailed health ... The WISER entry for hydrogen cyanide (bottom). Useful information includes detailed health ...
Accounting Information Systems, 4th Edition Accounting Information Systems, 4th Edition
Video: Factors that increase metabolic rate and heat production

For a complete list of videos, visit our video library