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Discuss statistics on the different types of insurance held by the U.S. population. Emphasize the different Medicare plans: Part A, Part B, and Part D and the State Children's Health Insurance Program. What about private insurance, what types of private insurance is there and how is it funded?
Based on your research what type of insurance, public or private contributes more to the percentage of GDP that is associated with health care costs? Who is getting rich?
Two hundred paper mills compete in the paper market. The total cost of production (in dollars) for each mill is given by the formula TC = 500Qmill+ (Qmill)2 where Qmill indicates the mills annual production in thousands of tons. The marginal cost of ..
Consider a hypothetical market for paper. you are given the following demand, supply and MEC curves: P=100-Q MC=1/4Q MEC=10 Draw a diagram that shows the privately and socially optimal outcomes. Determine the socially optimal level of production and ..
what is the new wage and employment level; are employees better or worse off as a result of the health insurance benefits?
Explain what drives up apps sales and how a company would try to use this new trend of apps to increase sales and be competitive in the market. Give examples.
Taking a code of ethics "off the wall and into the hall" can be a particular challenge for medium to large firms with a diverse array of employees.
Explain the difficulty of defining and using the user cost of capital and discuss the value in making decisions based on it, rather than accounting expense data. Present how to make the most economical downsizing decisions. Include the mix of capital..
Use supply and demand analysis to show the effect of decreased income on the equilibrium price of rental homes that is find dp/dY.
Define and explain what the production on function and the marginal output curve are. Graph the production function and the marginal output curve. How are the two related? Indicate where the ranges of
Describe a product you remember from childhood. Note its product life cycle, as you see it. Identify and explain the product in each of the stages of the cycle. Note the competition at each stage in the process. Describe the reasons it is or is not s..
Define marginal utility. Explain the law of diminishing marginal utility. Why is marginal utility more useful than total utility in consumer decision making?
Someone consumes only coke and pretzles and always consumes 4 pretzels with each cup of coke. 1) What is the cross price elasticity of demand with respect to a change in the price of pretzels? Simplify to a function of price of coke and pretzels 2) W..
This is a historical look at a 100-year period of economic growth and production potential. In this 100-year period the world experienced multiple world wars, the ever-present business cycles, including the Great Depression, many natural disasters an..
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