When an established domestic industry is in jeopardy of being displaced by lower-priced imports, then there could be a rationale for encouraging imports

Indicate whether the statement is true or false

false

Economics

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Does the fact that the price elasticity of demand for a good is inelastic violate the law of demand?

What will be an ideal response?

Economics

Coinsurance reduces moral hazard in exactly the same way as

A) limits on insurance. B) risk-based premiums. C) deductibles. D) restrictive provisions.

Economics