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Author Question: There is a bill pending before the Kansas State Legislature that would prohibit private companies ... (Read 74 times)

Mollykgkg

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on: Apr 19, 2019

Question 1

From society's point of view, a monopolist produces too little because price


◦ is less than marginal cost.
◦ is less than average cost.
◦ exceeds average cost.
◦ exceeds marginal cost.

Question 2

There is a bill pending before the Kansas State Legislature that would prohibit private companies from selling health insurance and would make the state the single payer of health care bills. Private health insurance companies that have made above normal profits have spent large sums of money trying to ________. This is an example of rent-seeking behavior.


◦ pass an even more restrictive bill
◦ get this bill made into law
◦ fund the state for its single-payer system
◦ prevent this bill from being passed into law
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Mollykgkg on Apr 19, 2019

micaelaswann

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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.
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Mollykgkg

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

sailorcrescent

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Reply 3 on: Yesterday
Excellent

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