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St. Mary's Hospital owns a prime piece of real estate in the center of town. There is a small shopping center on this piece of land. Rents for each store are $4,000 per month. The benefactor of this real estate, in her endowment to St. Mary's, stated that one of the stores should be operated as a clinic for the poor and be kept open 24 hours a day. St. Mary's has agreed to these conditions. It hires three nurses monthly at $3,000 each. Furnishings are included in the estimate of the $4,000 rent. Supplies are $10 per patient; there are 800 patients a month, each of whom come in for one visit. What are the costs of operating the clinic?
What is the relationship between the multiplier and the marginal propensities? Explain.
Movies are distributed in a variety of forms, not just first run theatrical presentations. What other ways are movies distributed? What are the different price points? Using this information, draw a fully labeled graph of the market for movies in whi..
From an economist's perspective, an important consideration for policies to address global warming is: Which of the following does not illustrate the asymmetric information problem: In a well-functioning cap-and-trade system for pollution rights, the..
Review Netflix most recent balance sheet, income statement, statement of stockholders' equity and statement of cash flows. Pay particular attention to sales and net income for the last two years. Comment on 2-3 items that you find remarkable on any o..
q. client 2 is in the express small package industry. limit your recommendation and supporting analysis to 250 words
Joe can make apple pie at a lower opportunity cost than Sandy but Sandy can make more apple pies per day than Joe.
Illustrate what happens to output, the price level, and the expected price level in both the short run and the long run.
The statistcs shows that government antimonopoly policy has been applied more harshly to the textile industry than the automobile industry. Can you give an alternative explanation for the difference in the number of firms in the two industries?
All parties make a single bid. But do not disclose the bid to peers. The organizer chooses the maximum (or minimum) bid as the winner. What are benefits of such a system as opposed to normal auction where bidders openly declare the bids and keep upda..
There are many brands of laundry detergent, all equally effective. Would you expect the elasticity of demand for any particular brand to be high or low? Explain.
What are some factors (patterns of behavior) that project a company’s culture? List several examples from the organizations you work in.
The GDP deflator is a good cost of living index. GDP is more volatile in the short-run than the long-run. All government spending is in GDP. If GDP is adjusted for purchasing power, the US usually improves its relative position.
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