72 368
Assignments Done
98,8%
Successfully Done
In April 2019

Answer to Question #29240 in Microeconomics for Mariana

Question #29240
The government is considering a subsidy of health insurance to reduce the number of uninsured. In which of the following cases could the government increase the number of insured without causing dead weight loss?
-The demand for health insurance is perfectly elastic.
- In none of the cases.
-The supply of health insurance is perfectly elastic.
-The supply of health insurance is perfectly inelastic.

Please explain the correct choice.
Expert's answer

Not answered

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

Submit
Privacy policy Terms and Conditions