Sam was out hunting in the woods one day when he stumbled upon a baby fox. Sam was able to capture the fox and brought him home. He went and bought the fox a cage, feeding dishes, a leash, and a name tag. He decided to call the fox Rocky, and made sure to include a phone number on the tag in case he was lost. He took Rocky for a walk, but Rocky did not seem to like the leash around its neck. Sam's wife Ellie did not seem to care for the fox. A week later, Rocky escaped from his cage and wandered away. That same day Harold saw the fox wandering on his property, but was unable to catch it. Eventually, Rocky returned to the woods. Who owns the fox? a. Sam
b. No one
c. Harold
d. Sam and Ellie
e. Ellie

Consider how health insurance affects the quantity of health care services performed. suppose that the typical medical procedure has a cost of $160, yet a person with health insurance pays only $40 out of pocket. her insurance company pays the remaining $120. (the insurance company recoups the $120 through premiums, but the premium a person pays does not depend on how many procedures that person chooses to undergo.) consider the following demand curve in the market for medical care. use the black point (plus symbol) to indicate the quantity of procedures demanded if each procedure has a price of $160. then use the grey point (star symbol) to indicate the quantity of procedures demanded if each procedure has a price of $40. q d at p=$160 q d at p=$40 0 10 20 30 40 50 60 70 80 90 100 200 180 160 140 120 100 80 60 40 20 0 price of medical procedures quantity of medical procedures demand if the cost of each procedure to society is truly $160, the quantity that maximizes total surplus is procedures. economists often blame the health insurance system for excessive use of medical care. given your analysis, the use of care might be viewed as excessive because consumers get procedures whose value is than the cost of producing them.

Jewelry manufacturers produce a range of products such as rings, necklaces, bracelets, and brooches. what fundamental economic question are they addressing by offering this range of items?

When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement