\n| \n 2. Which is not a common demand
\nshifter? <\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\u00a0\u00a0Consumer
\ntastes and preferences.
\n\u00a0\u00a0Consumer
\nincome.
\n\u00a0\u00a0Fitting
\nin with the group.
\n\u00a0\u00a0Prices
\nof substitute and complementary goods.\n<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \n\n\n\n\n\n\n| \n 3 Which is not a moral hazard
\nrelate to health insurance?)<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\u00a0\u00a0Might
\nencourage those clients to behave in riskier ways.
\n\u00a0\u00a0Behavior
\nof the insured party changes in a way that raises costs for the insurer.
\n\u00a0\u00a0Individuals
\ndemand for pricier and more elaborate medical services.
\n\u00a0\u00a0Prices
\nof substitute and complementary goods could make them change companies.\n<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \n\n\n\n\n\n\n| \n 4. Which is not a common supply
\nshifter?)<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\u00a0\u00a0Cost
\nof outputs
\n\u00a0\u00a0Available
\ntechnology
\n\u00a0\u00a0Profitability
\nof other goods
\n\u00a0\u00a0Number
\nof sellers in the market\n<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \n\n\n\n\n\n\n| \n 5. Which is not a
\nmarket failure? (<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\u00a0\u00a0The
\nefficient allocation of goods.
\n\u00a0\u00a0When
\nyou are better off when someone else is worse off.
\n\u00a0\u00a0Pursuit
\nof self-interest leads to inefficiency.
\n\u00a0\u00a0Corrections
\nmade by government may make matters worse.\n<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \n\n\n\n\n\n\n| \n 6 Which is not a
\ncommon characteristic of the uninsured? <\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\u00a0\u00a0They
\nare employed
\n\u00a0\u00a0They
\ndon’t want insurance because they don’t like doctors
\n\u00a0\u00a0They
\nare children
\n\u00a0\u00a0They
\nhave low incomes and resources available to them\n<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \n\n\n\n\n\n\n| \n Which is not an example of the
\nway being uninsured impacts an individual’s health status? (<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\u00a0\u00a0The
\nindividual is more likely to postpone or fail to receive needed medical care.
\n\u00a0\u00a0The
\nindividual is less likely to be screened for serious illnesses.
\n\u00a0\u00a0The
\nindividual is more likely to enter the health care system in poorer health.
\n\u00a0\u00a0The
\nindividual is more likely to receive less treatment, even for serious acute
\nor chronic health conditions.\n<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \n\n\n\n\n\n\n| \n Which is not a reason why the U.S. healthcare system is
\nnot a perfectly competitive market? )<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\u00a0\u00a0Lack
\nof perfect competition.
\n\u00a0\u00a0Lack
\nof Perfect information.
\n\u00a0\u00a0Healthcare
\nbusiness must be a price taker.
\n\u00a0\u00a0Corrections
\nmade by government may make matters worse.\n<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \n\n\n\n\n\n\n| \n Which is not a reason why it is
\nmore difficult to have healthcare reform in the United States? <\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\u00a0\u00a0Our
\nhealthcare system is more complex than other countries.
\n\u00a0\u00a0Other
\ncountries already have universal coverage.
\n\u00a0\u00a0Other
\ncountries have parliamentary systems.
\n\u00a0\u00a0Our
\nhealthcare system has better products and services.\n<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \n\n\n\n\n\n\n| \n .\u00a0<\/span><\/b>Which is correct concerning the concept of monopsony? <\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\u00a0\u00a0A
\nmonopsony occurs when a firm has market power in employing factors of
\nproduction.
\n\u00a0\u00a0A
\nmonopsony occurs when a firm does not have market power in employing factors
\nof production.
\n\u00a0\u00a0A
\nmonopsony occurs when a firm does not have market power in employing factors
\nof demand
\n\u00a0\u00a0A
\nmonopsony occurs when a firm does not have market power in employing all the
\nservice factors .\n<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \n\n\n\n\n\n\n| \n Which is correct concerning the price elasticity of
\ndemand for medical care and health status? <\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\u00a0\u00a0The
\ndemand for health care is consistently found to be price elastic.
\n\u00a0\u00a0The
\ndemand for health care is consistently found to be price inelastic.
\n\u00a0\u00a0The
\ndemand for health care is price variable.
\n\u00a0\u00a0The
\ndemand for health care is price invariable.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \n<\/div>\n","protected":false},"excerpt":{"rendered":" 1.\u00a0Which assumption do economists typically not make about individuals making decisions? \u00a0\u00a0People will maximize utility. \u00a0\u00a0Individuals have full information and are able to process this information. \u00a0\u00a0Individuals are rational decision makers. \u00a0\u00a0People are irrational decision-makers. 2. Which is not a common demand shifter? \u00a0\u00a0Consumer tastes and preferences. \u00a0\u00a0Consumer income. \u00a0\u00a0Fitting in with the group. \u00a0\u00a0Prices […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_joinchat":[]},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/266125"}],"collection":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/comments?post=266125"}],"version-history":[{"count":0,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/266125\/revisions"}],"wp:attachment":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/media?parent=266125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/categories?post=266125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/tags?post=266125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}} | | | | | | | | | | | | | | | | | | |