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A method commonly used through both governments and private health insurers to control the growth in private health insurers to control the growth in health care expanding are limits to reimbursement to providers. How can these limits to reimbursement be viewed as exercise of monopsony power? To prevent health care providers form prescribing more services it is often common to limit approval of services to health care recipients. How is this practice affecting recipients of Medicaid and Medicare?
Are you agree or disagree- Describe your answer with economic principles and the reasons why.
Elucidate what level of visits will the maximum profit position be. Elucidate what are the profits at this level.
Identify also explain the key features of an oligopolistic industry. Illustrate your answer with reference to an industry of your choice.
Suppose that you believe that the average rate of inflation over the next 20 years will be 3.5 percent. Would you by the nominal or the inflation-indexed bond?
A company produces output with a constant marginal cost MC = 2. Its output is consumed by two types of customers a and b, with demand functions
Which nation has a comparative advantage in clothing and by what amount.
The marginal external expenses associated with air pollution increases with the yearly output of a polluting industry.
Illustrate what will the exchange rate have to be to discourage Portuguese imports of British goods? Similarly, what will the exchange rate have to be to discourage British imports of Portuguese goods.
Discuss what has occurred to change the demand for, or the supply of, the good or service, and market prices of those products or services.
Analyze the relationship among fiscal and monetary policy in an open economy.
Given the wide variety of different fast-food vendors, the industry is fiercely competitive, as is the unskilled labor marketplace.
RainAway, Inc., makes polymers used to coat the windshields of car's, planes, and boats-Complete the following table based on the RainAway product's price, output and costs per year:
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