Suppose your college institutes a new policy requiring you to pay for a permit to park your car in a campusCCparking lot.ofO a. The cost of the parking permit is not part of the opportunity cost of attending college under anycircumstances.O b. Only half of the cost of the parking permit is part of the opportunity cost of attending college.O c. The cost of the parking permit is not part of the opportunity cost of attending college if you would nothave to pay for parking otherwise.d. The cost of the parking permit is part of the opportunity cost of attending college if you would not haveto pay for parking otherwise. Which of the following is a macroeconomics question?Select one:a. Why does a firm decide to enter a particular market?Ob. Should the government put a tax on alcohol in an attempt to reduce highway fatalities?O c. Should the government prevent the merger of two large firms?Od. Should we have a constitutional amendment to balance the federal budget?

It is given that college comes with a new policy requiring you to pay for a permit to park your car…

Answered: Suppose your college instituteş a new…

EBK HEALTH ECONOMICS AND POLICY

7th Edition

ISBN:9781337668279

Author:Henderson

Publisher:Henderson

Chapter14: Medical Care Systems Worldwide

Section: Chapter Questions

Problem 7QAP

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I was wondering what the answer to this problem in Krugman´s microeconomics book is: A benefit maximizer company has an economic loss of 10.000$ per year. Its fixed cost is 15.000$ per year. In the short term, should they keep producing or should the close the business? In the long run, should they stay in business? And if the company had a fixed cost of 6.000$ per year, should they stay in business in the long and short run? Thank you!
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