When a quota is imposed on a market with a negative externality, the market is: Multiple Choice not efficient, because the marginal cost outweighs the marginal benefit for too many consumers. efficient, because consumption occurs at the efficient level. efficient, because the net benefits individuals receive from the amount set by the quota are equal. not efficient, because the net benefits individuals receive from the amount set by the quota are different.

Q: n Canada everyone has equal access to healthcare. However, emergency, imaging, surgery and treatment…

A: In Canada even though everyone has the equal access to the healthcare, causes more demand by the…

Q: How do economic principles impact healthcare decision making and planning?

A: Healthcare, frequently composed as health care, is an expansive and multifaceted term that…

Q: What kind of healthcare system is the US have?

A: Health care system: It includes all organizations, institutions, and resources that are devoted for…

Q: Do you believe that we can forecast future events?

A: Forecasting is a technique that uses historical data as inputs to make informed estimates that are…

Q: Paying for snekers using a credit card is an example of a person borrowing

A: Income and expenditure do not remain the same over the time period. Over the time period, the income…

Q: What will happen if you make the underground economy legal?

A: Underground economy is the economic activities which are beyond the reach of tax regulators and…

Q: What would the best society look like? Will the United States ever have universal health care?

A: A healthy society is about something beyond forestalling wounds and decreasing the loss of life from…

Q: Health insurance is a

A: In an economy, insurance refers to the agreement between two parties where an insurer promised to…

Q: How does a police chief role as a motivator differ from the role of a sergeant?

A: Police chief has greater role.Police chief is responsible for main discipline in the area of…

Q: economics for lawyer

A: The law and economy communicates in various ways. Economics and lawyers is the economic survey of…

Q: What are different types of managed care Plans in terms of operation/definition and cost control…

A: The 3 managed care plans include: High Deductible Plans, Health maintenance Organizations and Point…

Q: How does the Time Value of Money help people plan for retirement?

A: The Time Value of Money (TVM) plays a critical role in retirement planning by helping people…

Q: ту. Suggest a change you would bring to your boss as a managed-care control aimed at reducing the…

A: A change I would suggest is that the age brackets for reimbursements can be revised. The more…

Q: Why do you think the cost varies based on a person’s insurance status?

A: While answering this, it is assumed that the insurance in question here is health insurance. Being…

Q: Is Healthcare like any other commodity

A: Healthcare is one of the industries of service sector that provides facilities related to health…

Q: the different treatment alternatives for drug and alcohol abuse.  What are several strengths and…

A: Drug abuse: It refers to the situation under which the people who take drugs or alcohol will abuse…

Q: Does government regulations is necessary in an economy. Describe it in a proper way.

A: In its widest meaning, regulation refers to the process through which the government imposes rules…

Q: Many individuals learn more about the car they are thinking of buying than about the candidates…

A: People are perplexed when they go car shopping because they believe they are purchasing a vehicle…

Q: A side effect of an action that adversely affects is third party is called a

A: An externality is a cost or benefit caused by the manufacturer that is incurred or received by their…

Q: Identify how different people and demographics have been affected by telehealth? Has the impact been…

A: The provision of health-related services and information using electronic information and…

Q: A person may be considered negligent if they fail to do what a reasonable and prudent person would…

A: Negligence is the most widely recognized of misdeed cases. At its center Negligence happens when a…

Q: How do health administrators have technical skills

A: The recent shift to Electronic Health records (EHR) by the healthcare industry ha led to the…