Many health economists believe that health-care reform will:
a. decrease demand for new, better, and more expensive medical advances.
b. lower premiums for young adults
c. eliminate private health insurance entirely.
d. have a very limited effect on reducing government health-care expenditures.
d
Economics
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Which of the following costs may provide barriers to entry in a market?
A) High research and development expenditures B) License fees C) Sunk costs associated with specialized facilities D) all of the above
Economics
What are the terms of exchange and how are these terms related to the price?
What will be an ideal response?
Economics