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a. Briefly discuss the role of finance in the health services industry.
b. Has this role increased or decreased in importance in recent years?
Suppose a monopolist can purchase Labor at a price w = 36 and can purchase Capital at a price r = 25. The monopolist's production function is given by Q = L1/2K1/2. The demand facing the monopolist is given by P = 180 - 3Q.
Suppose that the demand for Federal funds curve is such that the quantity of funds demanded changes by $120 billion for each 1 percent change in the Federal funds interest rate. Also, assume that the current Federal funds rate is at the 3 percent ..
How will the fall in consumer confidence affect consumption, investment, and private saving? Will the attempt to save more necessarily lead to more saving? Will this attempt necessarily lead to less saving?
Consider a model of the influence of the average number of cigarettes the mother smoked per day during pregnancy on infant birth weight. The following simple regression model was estimated with data on n = 1388 births.
Suppose that the market for cigarettes in a particular town has the following supply and demand curves: Qs = P; Qd = 50 P with quantities measured in thousands of units. Suppose the town council needs to raise 300 000$ in revenue
Suppose production utilizes capital (K) and labor (L) and that production technology is summarized by the following function:q=KL a)find the cost minimizing input demands when prices of capital and labor are respectively given by r and w.
Suppose labor's share of GDP is 70 percent and capital's is 30 persent, total factor productivity is growing at an annual rate of 2 percent, the labor force is growing at a rate of 1 percent, and the capital stock is growing ata rate of 3 percent.
Assume in perfect competition, the function of marginal cost is: MC=3+3Q, and price P = 15. What is the optimal quantity to maximize the firm's profit
Which model of educational attainment better explains these facts (and why)?
Suppose that the production function takes the form Y = AKa*L1-a, where a?= 1/3. Assume that the saving rate, s = 0.15 and the rate of depreciation d = 0.05 Further, let A = 1, and L = 2, initially.
Using what you have learned and any independent research you may conduct, which product should each country specialize in, and why?
good price yr 1 quantity of goods year1 price yr2 quantity of goods yr2quarts of icecream 6 4 6 6bottles of shampoo 4 2
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