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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 increasesaverage life expectancy to 12.3 years from 11.5 years. The added cost of therapy is $14,000. What is the cost per life year?
4. What does it mean to have market power? Are firms with market power extremely profitable?
5. Why might banning advertising drive up prices?
Illustrate what price should the theater charge for a ticket if it wants to maximize profit. how big will its profit be. What price would you like to charge.
Illustrate what would happen to general and specific training in labor markets.
This customer can buy or sell the commodity depending on its cost.
Explain how do you define social diversity and business ethics. How has a more diversified labor force affected the corporate structure and economy.
Draw the budget constraint showing the trade-off between dining hall meals and Cups O’ Soup. Assuming that he spends equal amounts on both goods, draw an indifference curve showing the optimum choice. Label the optimum as point A.
Suppose that a less developed country known as LDC encourages direct foreign investment
Illustrate what would happen to the dollar-yen spot exchange rate and the current account deficit if there were a decrease in Japanese investment in the United States.
you have been tasked with briefing the firms finance team on an aspect of international finance and then leading a
The government imposes a fixed fee per year on each firm operating in a competitive market.
What must the CFO expect about the Australian Dollar/US$ exchange rate 1 year from now if she chooses to invest in the US $ CD's instead of the Australian CD's?
When the U.S. economy is at full employment, why isn’t the unemployment rate at zero percent? Should we try and completely eliminate unemployment?
Industries used to make capacity, production, inventory and staffing decisions based on long-range forecasts.
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