In recent years the life insurance industry has emphasized
A) whole life policies.
B) group insurance.
C) less risky investments.
D) the purchase of short-term assets.
B
You might also like to view...
Market equilibrium occurs when
A) other things remain the same. B) the market is changing rapidly. C) the quantity demanded equals the quantity supplied. D) buyers get the lowest possible price. E) everyone who wants the good gets the quantity he or she wants.
A firm using a two-part tariff faces a tradeoff because
A) any increase in consumer surplus must be offset by a decrease in producer surplus. B) the only way to increase the fixed-fee portion of the price is to lower the per-unit portion of the price. C) the only way to increase total revenue is to lower per-unit profit. D) the smaller the variation between the parts of the price, the greater the deadweight loss generated by the pricing scheme.
Given the prices of two goods, all quantity combinations inside the budget line are:
a. indifferent. b. efficient. c. unattainable. d. attainable.
To derive the market demand curve for a private good, one sums the ________. For a public good, one sums the ________.
A. individual prices at various quantities; individual quantities at various prices B. individual quantities at various prices; individual quantities at various prices C. individual prices at various quantities; individual prices at various quantities D. individual quantities at various prices; individual prices at various quantities