Refer to the short-run information provided in Figure 8.5 below to answer the question(s) that follow. 
Figure 8.5 Refer to Figure 8.5. If four drones are produced, average variable costs are
A. $5.
B. $10.
C. $17.50.
D. $25.
Answer: C
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Discuss the relation between average variable cost (AVC) and marginal cost (MC) curves
When comparing average wages for black and white men in the United States, wages paid to black men have been about 20 percent less than those paid to white men
a. True b. False Indicate whether the statement is true or false
Big Health Insurance Company believes it is facing an adverse selection problem. What does this mean?
a. Buyers have more information than the company about their own risk status. b. The company has only poor-risk customers selecting their policies. c. The company’s health policies are unappealing to customers, causing them to go elsewhere. d. Buyers have been changing their minds and switching from one kind of policy to another.
One of the major advantages of the health savings account is that:
a. there is virtually no limit to how much money you can save each year. b. it provides individuals with more control over their own health care spending. c. it eliminates concern over high and rising premiums. d. there are few limitations on what the money can be used to purchase. e. it provides peace of mind so patients can be indifferent to the prices they pay.