Demand for the lithium ion batteries used in the production of Tesla automobiles is
A. derived from the demand for Tesla automobiles.
B. unrelated to their productivity.
C. an output demand.
D. perfectly elastic.
Answer: A
Economics
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Which of the following legal subjects is most concerned with the economic function of the legal system?
A) criminal law B) public goods C) antitrust legislation D) civil rights
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If an individual is less careful about avoiding accidents or illness because she has health insurance, this is an example of:
A. the free-rider problem. B. the moral hazard problem. C. the adverse selection problem. D. the Coase theorem.
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