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What recent evidence about Medicare Advantage HMOs can you find? Are they growing? Are they saving money? Do enrollees seem to like the care they get? Is the quality of care good?
What are heuristics? How do they help the brain function? List and describe three common heuristics and how they work. Explain your answers.
Buster Posey of the San Francisco Giants had the highest batting average in the 2012 Major League Baseball season. His average was .477. So assume the probability of getting a hit is .477 for each time he batted. In a particular game, assume he batte..
Describe metrics that you would use to assess the success of any logistics plan involving you as a manufacturer and an internationally based mass merchandiser. Provide support for your selections.
If the inverse demand function is P=175-3Q, where Q is the Quantity, P is the market price, and suppose the cost function is , i=1,2. Find: Cournot quantity, price, consumer surplus, and each firm`s profit( Hint: two firms are operating in this marke..
A perfectly competitive business maximizes profit by producing at a rate where ________.
Using the classical model, suppose desired Investment spending falls. Explain (don't just tell) how each of the following would change, if at all. Using the classical Model, suppose taxes decrease by $100 while government spending is constant. Also, ..
Consider the discrete Bertrand game described in the Oligopoly lecture notes/video. According to the rules of this game each student selects a number from the set {0,1,2, 3, 4, 5, 6, 7, 8, 9, 10} and is randomly matched with another student. Whoever ..
Illustrate what do economists call the percentage change in real GDP from year to the next. Under a business agreement 70/30 why should the 70% shareholder decision carry all day.
No-state insurance Company has made the following estimate of auto damage for several groups of potential customers who own cars worth $10,000. there are an equal number of customers in each group. No-state is risk-neutral.
Assume that the Bank of Ecoville has the following balance sheet and the Fed has a 10% reserve requirement in place: Now assume that the Fed lowers the reserve requirement to 8%. What is the maximum amount of new loans that this bank can make? Assume..
The Good’n’Fresh Grocery Store has 2 checkout lanes and 4 employees. Employees are equally skilled, and all are able to either operate a register (checkers) or bag groceries (baggers). The store owner assigns one checker and one bagger to each lane. ..
Policymakers will seek to cure an economy suffering from demand-pull inflation by:
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