“Demand” is a series of quantities demanded, one for each person in the market.
Answer the following statement true (T) or false (F)
False
You might also like to view...
The provision of the Patient Protection and Affordable Care Act (ACA) which states that insurance companies are required to participate in a high-risk pool that will insure individuals with pre-existing medical conditions who have been unable to buy
health insurance for at least six months is the ________ provision. A) state health insurance marketplaces B) employer mandate C) individual mandate D) regulation of health insurance
One of the costs of the Federal Deposit Insurance Corporation's protection is
a. bank managers may take great risks with depositors' money b. the public pays closer attention to the bank managers' actions c. the Fed was forced to reduce its regulation of banks d. bank managers may act too cautiously with depositors' money e. banks' profits increased
Which of the following firms best fits the definition of a monopoly?
A. General Motors B. Exxon Mobil C. Local electric utility D. AT&T
The fact that our wants are unlimited but our resources are limited implies that
A. we have to make choices. B. we should limit our wants. C. entrepreneurship has failed as an economic system. D. the only way to make someone better off is to make someone else worse off.