Some economists have argued that certain characteristics of the delivery of health care justify government intervention. One of these characteristics is
A) health care is nonrivalrous and nonexcludable. B) health care generates negative externalities.
C) health care is a public good. D) health care generates positive externalities.
D
Economics
You might also like to view...
The area above the supply curve and below the market price represents:
a. the consumer surplus b. the producer surplus. c. the deadweight loss of the producer. d. the deadweight loss of the consumer.
Economics
Refer to Figure 1.7. The benefit of producing at point G rather than point D is
A. AB units of food. B. OA units of food. C. KL units of clothing. D. OL units of clothing.
Economics