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Managed care organizations have historically focused on reducing health care costs and optimizing revenue streams.
• Identifies two initiatives utilized by managed care organization to reduce health care costs and optimize revenue streams
• For each initiative, identify “one pro and one con,” from the standpoints of health care providers and the patients
Suppose two firms are competing in prices (Bertrand) in an industry where demand is p=200-4Q. If both firms have MC=120, what is the equilibrium quantity for each firm? Profits? Suppose one firm has MC=120 and one has MC=100. Approximately how much p..
Cheap foreign labor argument: What is the cheap foreign labor argument? How do economists view this argument? What is the relationship between productivity and wage rates?
Stone Age Surfboards is a small manufacturer of two types of popular low-tide surfboards, the Gray stone and the Lava models. The manufacturing process consists of two departments: fabrication and finishing. The fabrication department has 8 skilled w..
Monitoring Country Risk. Once a project is accepted, country risk analysis for the foreign country involved is no longer necessary, assuming that no other proposed projects are being evaluated for that country. Do you agree with this statement? Why o..
Graphically reflect the impact of changes in the non-income determinants of consumption spending on the consumption function.
Suppose price of Treasury bill falls to $925. Illustrate what is interest rate.
You bought a GMC bond for $50,000 on August 1, 2003, which redeems at par value on July 31, 2009. The stated bond rate is 6% per year and the interests are compounded (paid) monthly. You have received 15 payments and you need (MUST) to sell the bond ..
Name and describe at least two of the positive features of this era (1945-1973) that gave rise to the term ‘Golden Age’ (e.g., why was this era so special) and consider the role of the US government in facilitating these features
Illustrate a firm in monopolistic competition that does not make a profit but rather a loss. Now illustrate how firm exit will change demand in the long run, allowing at least some firms to break even.
Assume that wages and prices are sticky and that we start at a long-run equilibrium. Assume that at this initial point, the growth rate of the money supply is 4%, the growth rate of the velocity of money is 9% and that the real economic growth rate i..
What alternatives are available to the auditors? Use the AICPA Code of Professional Conduct and Josephson Six Pillars of Character to evaluate the ethics of the alternative courses of action
Gomez runs a small pottery firm. He hires one part-time worker at $12,000 per year, pays annual rent of $5,000. for his shop and spends $20,000. per year on materials. Gomez has $40,000 of his own funds invested in equipment (pottery wheels and kilns..
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