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Health Economics
"Variations in medical care use probably arise from the educational level of doctors, with less trained doctors using either too much or too little care and better trained specialists using about the right amount of care.” Comment.
How can you benefit from taking a management science course? What decisons do you think you can use a Linear Programming model to solve when you become a manager?
Contrast two or three key economic factors for this country with the United State economy also comment.
If your analysis period (study period) is just three years, what should be the salvage value of project A2 at the end of year 3 to make the two alternatives economically indifferent?
Suppose that low-skilled workers employed in clearing woodland can each clear one acre per month if each is equipped with a shovel, a machete, and a chainsaw. Clearing one acre brings in $1500 in revenue. what will the firm’s economic profit or loss ..
Assume that you have just been hired as a financial consultant to a startup company that plans to introduce a new beverage to the soft drink market. Your company’s product is advertised as a healthier alternative to soda and other artificially flavor..
Under oligopolistic market conditions, a. the pricing actions of any one firm have no significant effect on the others b. the pricing actions of any one firm have a significant effect on the others c. no firm can have any control over its output pric..
After considering the duties that you have in this situation and after thinking about what action will support good ethical results, the time has come to make your final choice. Below is a list of all the options we've been exploring. In order to mee..
Consider this statement. “It is estimated that leaky pipes and dripping faucets are the source of hundreds of thousands of dollars of lost water each year. Business firms could reduce waste by inspecting more pipes thoroughly and repairing water leak..
If two countries reach equilibrium in their domestic markets at the same price, what can be said about their export supply and import demand curves and about the international trade equilibrium?
Let the inverse demand curve be p(q) = a − bq. Suppose there are two firms, with constant marginal cost equal to C. If the firms are both located at 1/2, what are their equilibrium strategies and what is the equilibrium outcome?
We can see that aid to Africa has increased significantly over the last 40 years and that incomes in Africa have stagnated. Explain why these two facts do not constitute proof that aid is not effective in increasing incomes in Africa.
Consider two people: Joe Grad, who has just finished college and started a job, and has $50,000 of student loan debt; and John Gramps, who is retired and living off the interest income from long-term bonds. Suppose instead that deflation sets in, and..
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