Which of the following statements is true?
a. With an increase in the demand for health care, the quantity supplied increases but supply does not change.
b. With an increase in the demand for health care, the supply curve shifts to the right
c. With an increase in the demand for health care, the supply curve shifts to the left.
d. With an increase in the demand for health care, the price of the product decreases.
e. With an increase in the demand for health care, the quantity supplied decreases but the supply does not change.
a
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If the price of crude oil falls, the equilibrium price of gasoline ________ and the equilibrium quantity ________
A) rises; increases B) rises; decreases C) falls; increases D) falls; decreases
Under tort law, compensatory damages are awarded in order to
a. compensate individuals who are injured as a result of the intentional behavior of others. b. compensate individuals who are injured as a result of the negligent behavior of others. c. punish those who injure others intentionally d. to deter others from taking risks