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PPOs and HMOs reduce the overconsumption of health care by A. charging on a fee-for-service basis and reducing administrative costs. B. reducing administrative costs and denying expensive services. C. reducing administrative costs and providing preventative care. D. denying expensive services and providing preventative care.
A California grower has a 50-acre farm on which to plant strawberries also tomatoes. The farmer needs to know the number of acres of strawberries also tomatoes to plant to maximize profit.
Imagine economy where everyone lives for 2 periods: youth and old age. Each period a new generation of young people is born equal in size to last period's old generation, who are now gone. Time goes on forever. Suppose there are 20 people at any time..
Among which of the following could not bar entry into an industry. Firms prevent collusion among firms regulate natural monopolies correct the outcomes of positive and negative externalities in private markets.
Describe economics and Describe the economic perspective, including definitions of scarcity, opportunity cost, purposeful behavior.
Explain utility, total utility and marginal utility and the differences between them. Explain with examples the law of demand and the demand curve. Explain “the rational consumer, marginal utility and price. With examples explain how elasticity of de..
q1. markets left alone always tend to equilibrate that is find their way back to the equilibrium point. what is
My topic was Impact of Expansion on Native Americans and the other classmates were Industrialization and Workers, Racial and Ethnic Tensions, and Dawn of American Imperialism. Some bullet points to get me on the right track would be awesome. Discuss ..
Suppose a bond which makes annual coupon payments has a coupon rate of 10 percent and 5 years to maturity. You wish to purchase one of these bonds and you require an 11 percent return on your investment. What price should you be willing to pay for th..
Fashionable Designs, Ltd., plans to market a new sports blazer. Based on information provided by the accounting department, the company estimates fixed costs of $40,000 per year and average variable costs of: AVC = $1 + $0.001Q, where AVC is average ..
Private pay patients have a price elasticity of demand of -3. What do you charge them? The union has negotiated a fee of $50. Is it profitable to treat members of the union?
Suppose the equilibrium price for a life-saving surgical procedure (inelastic demand) is initially $10,000. Now suppose that a law is passed which requires hospitals (the suppliers of the surgical procedure) to pay a $1,000 per-unit excise tax on eac..
llustrate what happens to the money supply. Elucidate how would this change the incentive structure facing depository institutions.
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