The marginal cost of medical care to the patient is zero under:
A. government-sponsored health care coverage.
B. an HMO.
C. first-dollar health insurance coverage.
D. no circumstances.
Answer: C
You might also like to view...
Externalities can be either detrimental or beneficial to others.
Answer the following statement true (T) or false (F)
If the quantity of bonds demanded exceeds the quantity of bonds supplied, bond prices:
A. will rise and yields would increase. B. would fall and yields would increase. C. will rise and yields will remain constant. D. would rise and yields would fall.
A particular woman is denied on-the-job training because women on average are more likely to drop out of the workforce than men. This illustrates:
A. occupational segregation. B. the crowding model. C. the taste-for-discrimination model. D. statistical discrimination.
The services of real estate brokers are provided in a competitive market. If the state Board of Realtors enacts several requirements that limit the number of real estate brokers, which of the following is most likely to occur?
A) Consumer surplus will increase. B) Producer surplus will increase. C) Entry of new brokers will increase. D) Social welfare will increase.