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About two-thirds of funding for substance abuse treatment comes from taxpayers. Are there external benefits of substance abuse treatment that warrant this level of public funding?
Vaccination schedules are predictable, meaning insurance coverage for vaccinations does not protect consumers against risks. Insurance coverage for vaccinations drives up costs because more people get vaccinated if coverage is available and because insurers have overhead costs. Does insurance coverage for vaccines do anything useful? Explain your answer.
Why are many economists opposed to licensure of medical facilities and personnel?
Why would insurance coverage tend to increase rational ignorance?
pareto optimality states a change is efficient as long as at least one person is better off and no people are worse off
Reflect upon the ethical requirements imposed on businesses by the law and society. Sarbanes Oxley was enacted in response to widespread ethics violations. Do publicly traded companies owe ethical duties to their investors beyond making a profit
Which of the following factors affects the marginal productivity of a worker?
Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:
The rule for maximizing net revenue
What is the price elasticity of demand? What determines it? What is elastic and inelastic demand - what do you think would be the best time of year to raise prices of flowers, and why?
problem 1. use okuns law to answer the questions belowutnbsp- ut-1nbsp -0.4gytnbsp- 3 assuming ut-1nbsp 7a. compute the
Give an example of a monopoly, an oligopoly, and a cartel. Describe the welfare effects of monopolies and oligopolies.
Calculate point elasticities at prices of 5 and 9. Is the demand curve elastic or inelastic at these points?
Are there more or fewer banks today than before the start of the financial crisis of 2007-2008 Why are the lines between the categories of financial firms even more blurred than they were before the crisis
The maker of a leading brand of low-calorie microwavable food estimates the following demand equation for its product using data from 26 supermarkets around the country for the month of April.
Explain how a item might evolve from one market structure to another and what that means as to the value, competition and number for companies producing that product.
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