HCA255 Week 5 Quiz Latest 2018
Question
1. Which of the following factors that affect supply do NOT shift the supply graph to the right?
Technological changes
Size of the industry
Weather
Input prices
X. XXXXX is a XXXXXXXX XXXXXXXX XXXXXXX XXXXXX XXX the XXXXXX for XXXXXX care: XXX richer XXX XXXXXXX, XXX greater XXX XXXXXX XXX XXXXXX care.
True
XXXXX
3. XXXXXXX costs XXX XXXXXX XXXXXXXXXX XXXXXXX a XXXXXX market transaction XX XXXXXXXXX XX provide an XXXXXXXX measure XX XXXXX
Implicit
Direct
Explicit
XXXXXXXX
4. XX general, XXXXX XXX XXXXXXXX which are XXXXX XXXXXXXXXXX XXXX higher price XXXXXXXXXXXX
XXXX
False
5. XXXXXXXX is XXX sole provider XX a good or XXXXXXX in a XXXX defined market XXXX no XXXXX substitutions.
Perfect XXXXXXXXXXX
XXXXXXXXX
XXXXXXXX
XXXXXXXXXXXXX XXXXXXXXXXX
X. XXXXXXX XXXXXXXX how changes in market conditions influence the positions XX the demand XXX supply XXXXX and XXXXX the equilibrium XXXXX XXX quantity to XXXXXX.
Marginal private XXXXXXX
Marginal private XXXX
Comparative statics•
X. XX XXX percentage increase in the XXXXXXXX consumed XX XXXXXXX than XXX XXXXXXXXXX percentage increase in income XXX good XX called___
Superior XXXX
Inferior good
XXXXXX XXXX
X. A good XXX XXXXX income XXXXXXXXXX XX XXXXXXXX XXX less than one. The good XX called a(n) XXX
XXXXXXXX XXXX
Normal XXXX
Inferior XXXX
X. XXX XXX XXXXXX XXXXX encourage the XXXXXXXXXXXX of XXXXX consumer goods XXX XXXXXXXXXX in health as one ages.
substitution
addition
XXXXXXXXXXX
XX. Which is not a XXXXX XXXXXX XXXXXXXXX?
The Oregon Health Plan
XXXXXX’s Universal XXXXXXXX
XXXXXXXXX Care
California XXXXXXXXX XXXXXX Coverage
ANSWER
1. XXXXXXXXXXXXX changes
2. XXXXX
3. XXXXXXXX
X. XXXX
5. XXXXXXXX
X. Comparative XXXXXXX•
7. XXXXXXXX good
8. XXXXXX good
9. XXXXXXXXXXXX
XX. California Universal Health Coverage
">