The regulation of the prices charged by insurance companies is known as
A. fiscal policy.
B. social regulation.
C. the market share test.
D. economic regulation.
Answer: D
You might also like to view...
Suppose two companies, Macrosoft and Apricot, are considering whether to develop a new product, a touch-screen t-shirt. The payoffs to each of developing a touch-screen t-shirt depend upon the actions of the other, as shown in the payoff matrix below (the payoffs are given in millions of dollars).
Suppose Apricot makes its decision first, and then Macrosoft makes its decision after seeing Apricot's choice. What will be the equilibrium outcome of this game?
A. Neither Apricot nor Macrosoft will develop a touch-screen t-shirt. B. Apricot will develop a touch-screen t-shirt, and Macrosoft will not. C. Macrosoft will develop a touch-screen t-shirt, and Apricot will not. D. Both Apricot and Macrosoft will develop a touch-screen t-shirt.
Refer to the information in Figure 16.5 below to answer the question(s) that follow.
?Figure 16.5Figure 16.5 shows the marginal benefits of emitting pollution for the only two chemical companies in an industry, Alpha Chemicals and Beta Chemicals. Before any tax on pollution emissions is imposed, each company views pollution as being free.Refer to Figure 16.5. The government decides to impose a tax on pollution emissions to cut total emissions in this industry in half, and based on this decision it has set the tax at $100 per ton of emissions. The total amount of pollution emissions desired by the government is ________ tons.
A. 25 B. 50 C. 75 D. 100
Provide an economic explanation for why government subsidization of child immunizations may lead to a more efficient outcome
What will be an ideal response?
Merit goods
a. are free goods b. are provided only by the private market c. are provided only by government d. are provided both by the private market and by government e. have zero costs although their price is greater than zero