Insurance policies can be bought to cover unexpected costs due to which kind of risk?
A. Automobile theft
B. Fire damage to your home
C. Fighting a rare disease
D. Individuals can buy insurance to cover all these risks.
Answer: D
Economics
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An increase in the number of workers hired by a firm could result from
A) a decrease in the marginal product of labor. B) a decrease in the marginal revenue product of labor. C) an increase in the real wage. D) a decrease in the real wage.
Economics
Externalities exist because
A) private costs differ from social costs. B) private costs are equal to social costs. C) government has created them. D) they are a function of socialism.
Economics