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Why is it important to distinguish among fixed and variable costs?
A patient visits a clinic. She incurs $10 in travel costs and has a copayment of $20. The clinic’s total charge is $60. The clinic spends $9 to bill the insurance company for the visit and uses resources worth $51 to produce the visit. The insurance company pays the clinic $40 and spends $11 to process the claim. Explain the cost of the visit from the perspective of the patient, the insurer, the clinic and society.
Must medical services be free? Justify your answer.
Your hospital is considering opening a satellite urgent care center about five miles from your major campus. You have been charged with gathering demographic information that might affect the demand for the center’s services. What data are probable to be relevant?
there are probably a thousand macro economic indicators some measure the overall national economy some are more
if the equilibrium real wage remains constant what happens to the nominal wage when the actual inflation rate exceeds
At the central furniture company, consumers who buy on credit pay an effective annual interest rate of 16.1 percent, based on monthly compounding. What is nominal annual interest rate that they pay?
why Banks are exposed to interest rate risk primarily. what does the Federal funds market involves.
discuss the problems associated with using the unemployment rate as a gauge of labor market conditions. in your answer
An investor purchases a three-year, zero-coupon corporate bond with a face value of $100,000. At the time the original purchase was made, the yield on the bond was five percent. One year later, the investor sold the bond, and realized a rate of retur..
assume that the required reserve ratio is 10. if the federal reserve buys a 10000 government bond from an individualin
at what point is average total cost minimized? ltbrgt ltbrgt240 ltbrgt113.3333333 ltbrgt73.3333333 ltbrgt54
Assume that the price of silk ties in a perfectly competitive market is $17 and that the typical firm confronts the following costs: Quantity (ties per day) 0 1 2 3 4 5 6 7 8 9 10 Total Cost 17 24 33 44 57 72 89 108 129 152 177
Compare the political scientist's view of government and economic policymaking and the Public Choice conception of politicians, bureaucrats and special interest groups in the political process. Which do you consider to be more realistic for unders..
Presume that people expect inflation to equal three percent, but in fact, prices rise by one percent. union worker in the second year of a labor contract. An individual who purchased inflation-indexed Treasury bonds
What is the present value of growth opportunities or P/E ratios the price is at a point in time while the earnings occur over a period of time. It is, therefore, necessary to specify whether the earnings are for the trailing twelve month period (T..
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