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This is a benchmark assignment.
Respond to each of the following questions in 150-200 words, each covering the economic topics and concepts described in this topic's assigned readings in The Economics of Health and Medical Care.
1. Explain the unique characteristics of the four primary market structures.2. Explain why economic profits are zero in the long run in a monopolistically competitive market.3. What are the characteristics of a public good?4. Discuss the two ways that product differentiation affects the demand for a product.5. Describe at least five different forms of government intervention in the economy.
APA format is required for the body of this assignment, solid academic writing is expected and in-text citations and references should be presented using APA documentation guidelines, NO PLAGIARISM.
Sales for year just ended were $500, and fixed assets were used at 80% of capacity. Current assets and accounts payable vary directly with sales.
Assume the government purchases decrease by $10 billion, with other factors held constant, including price level. calculate the change if the government, instead of reducing its pruchases, increased autonomous net taxes by $10 billion
Suppose you are manager of customer service department at a bank and you want to hire customer service representatives for a newly opened bank branch.
Develop a 400 WORD (Note - the word count does not include your title page or references page.) analysis of the international economy of SAUDI ARABIA in which you do the following:
Bridget has limited income and consumes only wine and cheese; her current consumption choice is four bottles of wine and 10 pounds of cheese.
What is the profit-maximizing price and output? What is the total profit? What is the price elasticity of demand at the profit maximizing output?
questionnbsp considerthefollowingsimplemacromodelas p ao bywhere ao b c d gt 0 and ao lt c. a
unemployment is one of the major concerns that people have in todays economy since losing ones job can be one of the
1. Suppose that Citigroup (C) has an expected return of 14%, while McDonald's (MCD) has an expected return of 8%. Find the expected return of a portfolio consisting of 75% C and 25% MCD. Show work and do not round.
Describe how antipoverty programs can discourage the poor from working. How might you reduce this disincentive? What re the disadvantages with your proposed policy?
A competitive firm can sell all of its output for the market price of $5. its short run cost function is TC= 1000 + Q + 0.005Q2. this cost function has marginal cost given by MC= 1 + 0.01Q.
Paul is starting a new job with SuperKleen janitorial services. Provided he is not fired for shirking, Paul will stay with SuperKleen for twenty years. His productivity (assuming he does not shirk) and value of leisure over this period are given b..
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