Sam Smith was recently laid off by the ABC Corporation. Under current federal law, ABC must offer Sam, Sam’s spouse, and Sam’s dependents extended health coverage for a period of time. While Sam must pay the entire premium, the coverage will be significantly cheaper than if Sam purchased an individual policy for his family. The law that helps Sam and his family is known as the:

Which change is illustrated by the shift taking place on this graph? an increase in demanda decrease in demandan increase in supplya decrease in supply

At a roundabout, you must yield to a. already in the roundaboutb. entering the roundaboutc. only if their turn signal is ond. only if they honk at you

Which of the following is a competitive benefit experienced by the first mover firm in an industry? a. the first mover will be able to achieve a less steep learning curve. b. the first mover will be able to reduce the switching costs. c. the first mover will not have to patent its products or technology. d. the first mover will be able to reduce costs through economies of scale.