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Q. Some economists have suggested that the best way to control medical costs is to remove the profit incentive for health care providers, particularly hospitals. This would involve making all hospitals not for profit institution. Utilize ‘utility maximization model' to explain the likely impact such a policy would have on the cost of producing hospital services. Illustrate what would happen if instead a policy was instituted that reduced barriers to entry in the hospital sector also therefore made the market more competitive?
q1. in the exhibit below explain how does the real wage rate at point c compare with the real wage at point a? explain
Assumes the perfectly competitive firm is in long-run equilibrium also there is an rise in Demand
Assume which the United States presently both produces kumquats and imports them.
One roommate says that he buys stock only in companies that everyone believes will experience big increases in profits in the future. How do you suppose the price-earnings ratio of these companies compares to the price-earnings ratio of other comp..
How are the depopulation of Whales worldwide and Congested Highways similar in terms of economics? What are some possible solutions to both?
Considering political disposition as an axis of product differentiation does vertical or horizontal differentiation best categorize it.
Explain how the adverse inflation shock affects the AS curve. (ii) Discuss, using AD-AS diagram, what choices the Fed now must make regarding monetary policy.
Illustrate what is unusual about this market. Give an example of a good or service to might be characterized by this unusual market attribute.
q. in 1999 mercedes- benz usa assumes a new pricing policy which it called nfp negotiation- free process that sought to
If the firms form a cartel to maximize industry profit, what is the industry marginal revenue at the profit-maximizing level of output?
q.suppose that there is a unit mass of consumers who are uniformly distributed on the segment01. two firms are located
Discuss what happens to the demand and or supply and to the equilibrium price and quantity in the market for housing as population increases and at the same time the government releases more land for housing.
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