An employer is liable for torts committed by his employees under the
a. principle of general average.
b. doctrine of respondeat superior.
c. Good Samaritan Rule.
d. contributory negligence standard.
b. doctrine of respondeat superior.
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Among the reasons that health care expenditures have grown so rapidly in the United States over the last two decades are all of the following EXCEPT
A) an emphasis on wellness programs and preventive medicine. B) the aging of the U.S. population. C) expensive new medical technologies. D) third-party financing.
In a market of monopolistic competition, there will be
a. a kink in the demand curves for the output of the individual sellers. b. product differentiation. c. a substantial substitution effect whenever any one firm changes its price. d. All of these.
private ownership of property :
What will be an ideal response?
Points that lie below the production possibilities curve are inefficient because:
A. too many goods are being produced. B. producers face scarcity. C. producing more of one good means producing less of the other. D. more of one good could be produced without producing less of the other.