Economists argue that rent control is a highly efficient way to help the poor raise their standard of living

Which of the following is NOT illustrated by a production possibility curve?

a. scarcity b. opportunity cost c. necessity for choice d. price

In the United States, consumers usually pay ________ than the true cost of medical treatment because of ________

A) more; adverse selection B) more; rising insurance premiums C) less; third-party payers D) less; rising insurance deductibles