Long-term trends for private employer-sponsored insurance indicate that:
a. enrollment in the staff-model HMO is becoming more popular.
b. there is a resurgence in the popularity of traditional indemnity insurance coverage.
c. the continued popularity of the preferred provider organization is reflected by the fact that it is still the fastest growing form of insurance.
d. almost one-third of private sector employees covered by group plans are enrolled in some form of high-deductible health plan.
e. the high-deductible health plan (HDHP) is now the most popular form of insurance for private sector employees covered by group plans.
d. almost one-third of private sector employees covered by group plans are enrolled in some form of high-deductible health plan.
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If the price of product X falls and this change increases the demand for product Y, then
A) X and Y are complements. B) X and Y are substitutes. C) X is an inferior good. D) Y is an inferior good.
In 2015, Ford Motor Company's sales were rising. These events were caused by
A) improving quality of service. B) an economic recession. C) an increase in advertising. D) an economic expansion.
If the positive effect of a greater quantity demanded more than offsets the negative effect of a lower price, then total revenue rises
Indicate whether the statement is true or false
Suppose the market consists of 3 individuals: Citizen A, Citizen B and Citizen C. 
If the good shown on the graphs is a public good, and the marginal cost of providing each unit is constant and equal to $5, then what is the optimal quantity of the public good?
A. 50 units B. 30 units C. 20 units D. 40 units