Apremium is
the amount an individual pays for an insurance policy
the contract between the insurance company and an individual
the amount an individual pays after they file a claim
the amount that is paid by the insurance company to the individual insured

Suppose the number of firms you compete with has recently increased. you estimated that as a result of the increased competition, the demand elasticity has increased from –2 to –3 (i.e., you face more elastic demand). you are currently charging $10 for your product. what is the price that you should charge if demand elasticity is -3?

Double corporation acquired all of the common stock of simple company for

Classify each of the following items as a public good, a private good, a natural monopoly good, or a common resource.(a) measles vaccinations (b) tuna in the pacific ocean (c) airline service in the united states (d) local storm-water system