HCA255 Week 5 Quiz Latest 2018

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 2. There is a negative relation between income and the demand for health care: the richer the country, the greater the demand for health care. True False 3. _______ costs are easily identified because a recent market transaction is available to provide an accurate measure of costs Implicit Direct E...

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 2. There is a negative relation between income and the demand for health care: the richer the country, the greater the demand for health care. True False 3. _______ costs are easily identified because a recent market transaction is available to provide an accurate measure of costs Implicit Direct Explicit Indirect 4. In general,...