Those who favor changes in the market for health care that would make it more like the markets for other goods and services are generally in favor of universal health care coverage

Indicate whether the statement is true or false

FALSE

Economics

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Imports ________ consumer surplus, ________ producer surplus, and ________ total surplus

A) decrease; decrease; decrease B) increase; increase; increase C) increase; decrease; decrease D) increase; decrease; increase E) decrease; increase; increase

Economics

Fred Monroe is a fisherman in the perfectly competitive fish industry in northern Minnesota. After years of experience, he knows that the demand curve for the fish he sells is

a. horizontal b. vertical c. downward sloping d. the same as the industry demand e. upward sloping

Economics