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Average visits per week equal 640 when the copy is $40 and equal 360 when the copayment is $60.
Calculate the price elasticity using 360 and $60 as the denominators for percentage change calculations.
With the passage of the Affordable Care Act the U.S. government requires that everyone have some form of health insurance. One of the provisions of the law is that firms with more than 50 full-time workers must provide health insurance to those worke..
He plans to marry at about the end of year 6 and will skip the investment contribution that year. How far below or above his $300,000 goal will he be?
You want to study the effect of education on earnings (yit = earnings). You have panel data on annual earnings for many workers. You think earnings will depend on age, education, and union status and you run that regression.
Suppose that the production function is y=ka, where y and k denote production per unit of effective labor and capital per unit of effective labor, respectively. Suppose also that the saving rate, the depreciation rate, the growth rate of the populati..
What appears to be major constraint that central banks used to determine limits of monetary injections into economy. Did United States use same or different criteria.
A chemical company determined the need for a chemical additive that will improve their product by 20%. The company’s CEO arranged to purchase the additive through a 5-year contract at $7,000 per year, starting 1 year from now. He expects the annual p..
When looking at a cheaper dollar, you will find that this will affect our economy. We are able to export more goods and services given the cheaper dollar. How do you think the US can support a cheaper dollar?
Explain how each of the subsequent events affects the equilibrium price also quantity of pizza- the price of mozzarella cheese rises.
What is the total market demand for poly-glue at the price established by Alchemy. How much of the total demand will the follower firms supply.
Illustrate what is payback period method of investment. Explain how it can be applied to choose among investment project.
Explain the origin of the Human Development Index. Explain the method of calculating Human Development Index.
How does Supply and Demand play a role in economic thinking? What factors influence economics that don't directly relate to it? How does public choice economics influence the market?
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