The major thing which <em>Eduardo's behavior demonstrates </em>is that:
- The freedom to own property and keep the profits from work is necessary for the survival of an economy.
<h3>What is Freedom to own property?</h3>
This refers to the individual right which every human where he is able to buy and own land or inherit it from someone, or even get it as a gift and keep it.
With this in mind, we can see that Eduardo is staying in an oppressive country where the tax rates are very high and there are no freedom to own property so he begins to stop investing in the farm and focus on subsistence agriculture.
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Answer:
Ashley should review medical records for documentation compliance for CPT, Level II HCPCS, and diagnosis codes determining that regulations are being complied with as evidenced in medical record documentation; and evaluating appropriateness of billing and coding procedures.
Explanation:
Answer:
The expected value might go down by $308.
Explanation:
Find the expected value of life insurance if the premium is $393.00
Do (393) * (0.99) - (69800) * (0.01)
The answer will be:
(393) * (0.99) - (69800) * (0.01) = -308
In response to a shortage caused by the imposition of a binding price ceiling on a market,
a. price will no longer be the mechanism that rations scarce resources.
b. long lines of buyers may develop.
c. sellers could ration the good or service according to their own personal biases.
A binding price ceiling is when the government or an agency of the government sets the maximum price of a good or service below the equilibrium price.
When price of a good is set below the equilibrium price of the good, the producer surplus would decreases and the consumer surplus would increase. This would lead to an excess of demand over supply. As a result, a shortage would occur. As a result of the shortage, black markets would occur.
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