Which of the following can increase the price of medical care even if the demand for medical care remains constant?

Which of the following can increase the price of medical care even if the demand for medical care remains constant?

Demand is _________________
Question 1 options:
a)
Not measurable
b)
Purely a function of supply
c)
The amount of a good or service that people want to buy at a certain price for a given period of time.
d)
Not a factor in economicsSave
Question 2 (5 points)Economics is the Study of __________
Question 2 options:
a)
Scarcity of resources or goods
b)
The interaction of people in social situations
c)
Biological systems in the environment
d)
Human behavior under stressful situationsSave
Question 3 (5 points)Microeconomics is the study of ______, whereas macroeconomics is the study of ________.
Question 3 options:
a)
The U.S. economy; the world economy
b)
Economics at the individual level, economics at a national level.
c)
Small markets; large markets
d)
Small business economics, large business economicsSave
Question 4 (5 points)An increase in consumer incomes will:
Question 4 options:
a)
Increase the demand for an inferior good
b)
Increase the supply of an inferior good
c)
Decrease the supply of a normal good
d)
Increase the demand for a normal goodSave
Question 5 (5 points)Which of the following can increase the price of medical care even if the demand for medical care remains constant?
Question 5 options:
a)
An increase in preferences for herbal medicines among people
b)
Increase the cost of medical care which shifts the supply curve.
c)
Availability of high end technology in modern medical services

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