As a supplier, you would probably supply _________________________labor at a higher price than a lower price.

Joe's income is $500, the price of food (F) is $2, and the price of shelter (S) is $100. Which of the following bundles is in Joe's opportunity set?

A) 50 units of food, five units of shelter B) 200 units of food, two units of shelter C) 100 units of food, one unit of shelter D) 150 units of food, three units of shelter

Health maintenance organizations (HMOs):

A. are based on the traditional fee-for-service system of paying physicians. B. charge a fixed amount per member, hire many of their own physicians, and provide health services only to members. C. are also known as preferred provider organizations. D. are illegal in several states.