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1. About two-thirds of funding for substance abuse treatment comes from taxpayers. Does substance abuse treatment have external benefits that warrant this level of public funding?
2. Few orthopedic surgeons publish data describing their surgical volumes, infection rates, mortality rates, functional gain rates, or customer satisfaction rates.
A. How much would a regulation requiring publication of such data cost?
B. Would such a regulation improve the workings of the market?
C. Would such a regulation be an appropriate government activity?
D. Do we need a regulation requiring publication of data for surgeons if private physician rating firms already exist?
Select two major ethical theories covered in your readings for Week One. What are the major differences between these two theories? Which one of these theories is most aligned to your personal beliefs? Explain.
If the average interval between? firm’s price adjustments is relatively? short,
The Whine not winery (WnW) must replace its grape pressing machine. 2 companies have submitted bids, KS and SM. The annual operating costs of both increase at 12% per year and the WnW uses a MARR of 9%. KS's first cost 350k, initial annual operating ..
According to our discussion in class, the price of tuition at for-profit institutions (such as the University of Phoenix) tend to be much higher than people expect. For-profit institutions produce much better outcomes than public institutions, so the..
How fares paid by consumers, in East and West Berlin after unification; given that living standards are much higher in West than in East Berlin. Assume the market for taxi cabs is competitive.
Rex Hofer has determined that demand for his product is given by Q = 180 - 5P and a cost equation given by C = 75 + .3Q. Determine the optimal price and quantity for the firm. Suppose that costs change to C = 25 + .4Q. Determine the new optimal price..
Does this make economic sense? Explain the rationale behind equal prices for unequal distances in air travel using supply, demand, and cost curves.
Enron will be an example of a dysfunctional organization for many years to come. It was clearly a organization riddled with fraud also excess also its conduct drove it into bankruptcy.
Illustrate what was each company's share of market at beginning and end of month. If current trend continues Illustrate what will market shares be.
Refer to real world solution in the chapter. Has crescent healthcare applied the three steps for the upgrading of legacy systems outlined in the chapter? Which of those have been done in more or less detail? can you fill in the blanks for any that yo..
In Solow’s growth model, illustrate using a diagram what will happen if population growth rate is reduced? What will happen to GDP? GDP per capita? Will GDP per capita grow at steady state? How does the extended Solow’s model help explain GDP per cap..
Explain how “Black Markets” impact economic actives: Please explain in detail and use a supply and demand graph for your examples
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