A price ceiling set above the equilibrium price causes a surplus in the market
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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If a firm wanted to know how much it would save by producing one less unit of output, it would look to:
A. MC. B. ATC. C. AVC. D. AFC.
Economics
Which of the following financed the largest share of health-care spending in 2011?
A. Medicare B. Medicaid C. Copayments and deductions paid by patients D. Military and other public insurance (excl. Medicare and Medicaid)
Economics