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1) Why have economic analyses of clinical and administrative innovations become more important?
2) A clinic finds that by eliminating appointments it can reduce costs. The clinic is able to eliminate some telephone staff, and physicians become more productive. Patients wait until the physician is available, so there is virtually no down time. Does this analysis adopt a societal view of costs? Why might this analysis result in a bad managerial decision?
3) Treating a patient with congestive heart failure with tPlex rather than Isother increases average life expectancy to 12.3 years from 11.5 years. The added cost of therapy is $14,000. What is the cost per life year?
4) What does it mean to have market power? Are firms with market power extremely profitable?
Identify the following as consumption or investment goods or both. Justify your answers an iPod a share of stock the Trans-Canada highway a ski lift an unsold truck by a GM plant in Ontario My textbook didn't go into too much detail on this subject.
graph long-run equilibrium to include mc ac d and mr to answers for questions 1 through 41. perfect competition2.
Consider a market with four firms.Suppose the first firm has a49% market share,the second has a 35%market share, the third firm has a 10% market share, and the fourth firm has a 6% market share
in a perfectly competitive industry every firm has identical cost structure. the short-run total cost curve of an
What is Diminishing Marginal Productivity and how does it affect costs. Give examples seen in the real world.
you are to research the rise and fall of the early days of the world wide web. in 1993 tim berners-lee created the web
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Recommendations on how to staff this new 60 guest product line.
What is the maximum amount of harvest that can be sustainably achieved in this system? What level of biomass generates this amount of harvest?
(i) Draw the budget constraint of a student who buys such a card before and after the scheme is introduced.
below are some data from the land of milk and honey.yearprice of milk quantity of milk quartsprice of honey quantity of
suppose that at the same time as this demographic change occurs more college students decide to major in nursing. use a
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