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Suppose a uniform price monopolist is choosing a price along a linear demand curve. If at thecurrent output the value of the Elasticity of Demand is -1.1 and Marginal Cost is constant at$10, what is the price the monopolist will choose and what is the mark up? Is the monopolistlikely to find it profitable to lower their price?
Is the quality of care different in a for-profit versus not-for-profit hospital? What differences in services might occur during or after a stay in a for-profit versus not-for-profit hospital? Compare and contrast the impact of healthcare on the US e..
a disgruntled college graduate sues her school on grounds that her tuition payments did not land her the good job she was expecting when she started there. Courts invariably throw out cases like hers.
When prices are (p1, p2) = (1, 2) a consumer demands (x1, x2) = (1, 2), and when prices are (p1, p2) = (2, 1) the consumer demands (x1, x2) = (2, 1). Is this behavior consistent with the model of maximizing behavior?
What type of organizational structure is the company currently using?
Medical Supplies B Us (MSBU), Inc. is trying to weigh the pros and cons with respect to planned investment. The following scenarios may increase or decrease planned investment. Help MSBU, Inc. to examine each scenario to see if it immediately impacts..
Why do more than 45 million Americans not have Health Insurance? Argue whether or not you feel that Health Insurance today should be either Public or Insurance driven? Discuss with two other students your reasoning.
Standard empirical analysis of learning by doing estimates a "progress ratio" that is the reduction in a firm's average costs. Write down an algebraic form of a cost function which would have a constant "progress ratio."
By what percentage would GDP be boosted if the value of the services of stay-at-home spouses were included in GDP
Consider a country that was debating whether to adopt the gold standard during the heyday of that international monetary arrangement. What difference would the level at which the price of gold was set by the central bank make for the level of economi..
Toyota bonds are currently rated AA, and Ford bonds are rated BB, Suppose the price of 1,000 one year Toyota bond is 970$. What is the rate of return on the one year Toyota bond
Suppose we pursued a policy that made it more difficult for firms to fire their workers (e.g. mandatory severance packages, long notice time, burdensome paperwork, or prior government approval). What do you imagine will happen to the natural unemploy..
illustrate what sales output and price should it set. what strategy would you recommend.
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