Siegal needs to take pills every month

Assignment Help Business Economics
Reference no: EM1322827

Q. Mrs. Siegal has 2 alternative activities to help relieve her backache. In the 1st, she can visit a physiotherapist. The total time for a physiotherapist visit, including travel also waiting, is 2 hours. Mrs. Siegal earns a wage of $20 an hour. Physiotherapists charge $50 every visit also Mrs. Siegal does not have any health insurance. As a second alternative, Mrs. Siegal can take pain killers. Each pill costs 50 cents also Mrs. Siegal needs to take 30 pills every month. The 2 treatments are not equally effective. The physiotherapy visits yield 10 additional healthy days every month, while the pills yield 6 healthy days.

• a. If Mrs. Siegal can only select one alternative also if she wants to maximize the most healthy days every dollar that she gets, which option will she choose?

• b. If the price of a pill increases to $3, which option will she choose?

Reference no: EM1322827

Questions Cloud

Multiple choice question based on multiple regression : Multiple choice question based on multiple regression - The t value obtained from the table to test an individual parameter at the 5% level
Program to generate professor rating class : Write down the program which generates a Professor Rating class containing of the professor ID and three ratings. The three ratings are utilized to evaluate the easiness, helpfulness, and clarity.
Real interest rate of interest earned by albert in each : Find out the real interest rate of interest earned by Albert in each of the three years also his total real return over the three year period.
Find the estimated regression equation : Multiple choice question based on multiple regression - partial computer output based on a sample of 16 observations and find the estimated regression equation
Siegal needs to take pills every month : As a second alternative, Mrs. Siegal can take pain killers. Each pill costs 50 cents also Mrs. Siegal needs to take 30 pills every month.
Interest in union representation : What are the key factors that led some RAs to have interest in union representation?
Analyzing the database schema : OrderLine (OrderNum, PartNum, NumOrdered, QuotedPrice), Part (PartNum, Description, OnHand, Class, Warehouse, Price), On the basis of code above, list the number and name of all the customers.
Computing mean of single-server queuing system : Entities arrive at single-server queuing system at average of 4 per hour and server can service average of 5 per hour. Mean in the queue is?
Multiple coefficient of determination : From the above function, it can be said that the expected yearly income of and find the multiple coefficient of determination

Reviews

Write a Review

Business Economics Questions & Answers

  After-tax cash flow from selling it

If Jones sells the equipment today for $180,000 and its tax rate is 35%, what is the after-tax cash flow from selling it.

  Firm pollutes a stream

Suppose a firm pollutes a stream that has a recreational value only when pollution is below a certain level. If transaction costs are low.

  Worlds largest economies and policymakers

The economys business cycles are not well synchronized with any of the world's largest economies and policymakers.

  High profits in a certain industry

the industry that this claim were untrue, what critical questions could you ask about the HHI used for the study

  Macroeconomists focus on just a few key statistics

Why do you think macroeconomists focus on just a few key statistics when trying to understand the health also trajectory of an economy.

  Enterprises conduct business transactions

Enterprises conduct business transactions with other enterprises for a number of economic, business and strategic motivations.

  Antitrust act that bans anticompetitive mergers

Antitrust act that bans anticompetitive mergers that occur as a result of one company acquiring the physical assets of another company.

  Microsoft wants to sell more copies

Microsoft wants to sell more copies the additional income from each additional copy it sells.

  Comparative advantages

Explain how supreme as well as comparative advantages were used in your simulation.

  Anticipated adjustment process imply about the cr

Illustrate what does your anticipated adjustment process imply about the CR for the industry.

  What would you do shut down or continue to operate

Illustrate what would you do shut down or continue to operate. Use hypothetical numbers to explain.

  Walras equilibrium with two consumers and two commodities

Walras Equilibrium with two consumers and two commodities, given endowments and preferences for both consumers.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd