Which of the Following Countries Does Not Have a Variant

question 22

Multiple Choice

Which of the following countries does not have a variant of the single payer system?

• A) Australia
• B) France
• C) Germany
• D) Spain

---

Definitions:

Long-run Cost Function

A representation of the relationship between output and the cost of production when all inputs, including capital, can be varied.

Short-run Cost Function

The costs a company incurs in the production of goods or services within a short period, considering some inputs are fixed.

Long-run Cost Curve

A graphical representation showing the minimum cost at which a firm can produce any given level of output in the long run, when all inputs are variable.

Hair Dryers

Electrical devices used to blow dry hair by emitting warm air.