Consider a market consisting of two firms where the inverse demand curve is given by P = 500 ? 2(Q1 + Q2). If the Stackelberg leader's and follower's marginal costs are zero, the leader's marginal revenue is:

Fluctuations in total output are the reverse image of fluctuations in

A) the inflation rate. B) the unemployment rate. C) gross domestic product. D) the GDP deflator.

Managed care

a. establishes a system of retrospective payment determined ex ante. b. combines the responsibilities of payer and provider of medical services. c. attempts to shift a portion of the financial risk onto providers. d. attempts to shift a portion of the financial risk onto patients. e. Both b and c are correct.