Which of the following is NOT a consequence of the introduction of the Medicare program?
A. an increased ability for the poor to obtain medical services
B. an increased quantity of medical services demanded
C. an increased ability for the elderly to obtain medical services
D. a reduced demand for medical services
Answer: D
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a. reuse and recycling b. safe disposal of hazardous wastes c. environmental labeling d. pollution prevention
If a perfectly competitive firm operates in the short run and expands in the long run, then the firm's short run condition is
A. TR > TC. B. TR >TVC and TR < TC. C. TR < TVC. D. TR < TFC.
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