A positive economic profit signals that the investors of a firm should divert their funds to alternative ventures
a. True
b. False
Indicate whether the statement is true or false
False
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________ discourage low-risk individuals from seeking health insurance
A) Low premiums B) High premiums C) High costs of medical treatment D) Low interest rates
In terms of economic growth, educated workers are generally:
A. more productive. B. less productive. C. less healthy. D. happier.
If the opportunity costs of producing a good increase as more of that good is produced, the economy's production possibility frontier will be
A. a negatively sloped straight line. B. negatively sloped and "bowed inward" toward the origin. C. negatively sloped and "bowed outward" from the origin. D. a positively sloped straight line.
Why do individuals demand health insurance? Does the health insurance provided through most employers more or less than people would get if purchased on their own? Why
What will be an ideal response?