In which of the following countries do elective medical procedures generally receive lower priority, often resulting in longer waiting times than are common under more privately-funded systems?

A) Japan and the United States
B) Japan and Canada
C) Canada and the United Kingdom
D) the United Kingdom and the United States


C

Economics

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Which of the following statements is true about supply?

A. As price decreases, producers are willing and able to put more of the good on the market for sale. B. Supply refers to the amount of inventory that sellers have in their warehouses. C. As price increases, producers are willing and able to put more of the good on the market for sale. D. There is an inverse relationship between price and quantity supplied.

Economics

Rank-order the following three gifts in terms of potentially providing the highest utility to the lowest: 1 ) A new video game; 2 ) A gift card to a video game store; 3 ) Cash

A) 1, 2, 3 B) 2, 3, 1 C) 3, 2, 1 D) 1, 3, 2

Economics

An incumbent monopolist producing more output than necessary might be able to keep potential rivals from entering

A) by flooding the market with products below its marginal cost in the short run. B) if learning by doing reduces marginal cost. C) if the long-run marginal cost can be lowered below the potential entrant's short-run marginal cost. D) All of the above.

Economics

Finite resources can be

a. renewable or nonrenewable b. only nonrenewable c. only renewable d. neither renewable nor nonrenewable e. insatiable

Economics