Suppose the figure below shows Luke's demand curve for check-ups along with the supply curve for check-ups. 
If Luke had to pay the entire marginal cost of each check-up, then he would choose to have ______ check-ups a year.
A. 5
B. 1
C. 3
D. 2
Answer: C
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A computer software program is most strongly an example of
A) real property. B) fiat property. C) intellectual property. D) vicarious property.
Economic theory indicates that the growth of subsidies to healthcare consumers and accompanying expansion in third-party payments will
a. lead to higher healthcare prices. b. lead to lower healthcare prices. c. reduce the incentive of consumers to economize. d. increase the incentive of healthcare providers to provide their services at a low cost. e. do both a and c above.
Are there any measurement problems that occur with the GDP calculation? Explain.
What will be an ideal response?
If laborers become more efficient over time, and if Company X would want to expand production, it would
A) substitute capital for labor. B) hire more laborers. C) hire fewer laborers. D) produce less product.