Suppose a perfectly competitive ukulele factory can produce 35 ukuleles at an output at which marginal cost equals marginal revenue. The price per ukulele is $1300 and the average total cost is $1500

According to the above table, if per capita real GDP is currently $1000, then at a constant annual rate of growth of 8 percent, per capita real GDP ten years from now will be equal to

A) $2140. B) $2160. C) $2000. D) $2590.

A provision of the Affordable Care Act states that private insurance companies cannot deny coverage to anyone because of a preexisting medical condition

By offering health insurance to people with preexisting medical conditions, this provision eliminates ________ for both the insurance company and the policy holder, and eliminates ________ for the insurance company. A) moral hazard; asymmetric information B) asymmetric information; adverse selection C) asymmetric information; moral hazard D) adverse selection; moral hazard