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Your marketing department estimates the Medicare urology visits equal 5-(1.0*C)+(-6.5*T)+(5*Tr)+(0.01*Y). Here C denotes the medicaid co-payment (now $20), T is waiting time in your clinic (now 30 minutes), Tr is waiting time in your competitors clinic (now 40 minutes), and Y is per capita income (now $40,000). a. How may visits do you anticipate? b. Medicaids allowed fee is $120. What revenue do you anticipate? c. What might change your forecast of visits and revenue?
Which of the following methods of stimulating the economy provides the federal government with the greatest control over how the stimulation takes place?
Walmart.com announced that it wants to be "the most visited, most valued online retail site." Suppose you were hired by an outside consulting firm to evaluate Walmart.com's potential to achieve this goal.
What has been happening in Florida in general in terms of unemployment over this time period. What about for GDP.
What are Monsanto strategy vs Holland Sweetner. What will Monsanto do? What will Holland sweetner do? Difference Between short run and long run and how does it relate to Akio Morita, founder of Sony Corporation.
Business firm that holds a global monopoly on a particular product but is currently selling the product only in its domestic market where its profits are substantial.
Suppose that after the wage goes up in the Northern state, workers lose their jobs in the North and decide to move to the Southern state. This increases the population there. Adjust the graph to show what happens to employment and the wage in this So..
Recall the formula that states that $V = 1/P, where V is the value of the dollar and P is the price level. If the price level falls from 1 to 0.75, what will happen to the value of the dollar?
Your disposable income is $100,000 a year. You face a 50/50 chance of losing $10,000 from an illness requiring surgery and value your income to the utility function U=income^0.6. What is your expected income, what is your certainty equivalent, what i..
The history of contemporary racism does not include
Two countries, X and Y, satisfy the Solow model with α = 1/3 and productivity A=1. In Country X, investment is 54% of GDP and the population grows at 1% per year. In Country Y, investment is 8% of GDP, and the population grows at 3% per year. In both..
How many bushels will each of the farmers five acres produce and How much revenue will each acre generate? What are the TR and MR for each acre?
1. explain why work done at home is not incorporated however housing services that are also done at home are
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