The provision of the Patient Protection and Affordable Care Act (ACA) which states that, with limited exceptions, every resident of the United States must have health insurance that meets certain basic requirements is the ________ provision

In the United States, total health care spending per person has been ________, and out-of-pocket spending on health care per person has been ________

A) falling; rising B) rising; falling C) rising; rising D) falling; falling

Consider an industry that is made up of nine firms each with a market share (percent of sales) as follows:

a. Firm A: 30% b. Firm B: 20% c. Firms C, D, and E: 10% each d. Firms F, G, H, and J: 5% each What is the value of the four-firm concentration ratio and how is the industry categorized? A) 80%; strongly oligopolistic B) 70%; oligopoly C) 50%; monopolistic competition D) 75%; oligopoly