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Home Q & A Board Other Fields Homework Help Business Economics
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apadong apadong
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Posts: 856
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6 years ago
There is a bill pending before the Kansas State Legislature that would prohibit private companies from selling health insurance and would make the state the single payer of health care bills. Private health insurance companies that have made above normal profits have spent large sums of money trying to prevent this bill from being passed into law. This is an example of
A) collusion.
B) government failure.
C) an externality.
D) rent-seeking behavior.
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Akshtsaklani21Akshtsaklani21
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6 years ago
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apadong Author
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#2
6 years ago
Correct Slight Smile
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