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What is the implication of third-party payers like private health insurance or federal programs like Medicare and Medicaid on demand and supply in a pharmaceutical industry?
In class we looked at cost curves. Explain why the marginal cost curve intersects the average total and variable cost curves at their respective minimum values: At what point on the ATC will a perfectly competitive firm always produce long-run in the..
With respect to factors of production, which of the following statements is not true?
Case study: loan payments in Great Britain's retail banking sector changes in their operating environment have facilitated greater competition in the British retailing banking sector. Where is the equilibrium price of a loan per customer? Now how man..
Select a company which has a website and explain EDI would work that company. Your write up should be a minimum of 2-3 page You may use additional data sources to supplement your assessment Use APA standards in citing your data sources.
The bar exam for lawyers is written by practicing lawyers. Why might having practicing lawyers write the exam limit the entry of new lawyers into the profession? Why might they want to limit entry?
The average corn price received by farmers in 1950 was $1.52 and in 2014 it was $4.11. The Consumer Price. Index (CPI) with a base period of 1982 through 1984 were 24.1 and 236.7 for the same years, respectively. What are the corn prices for those ye..
Discuss the Becker-Murphy model of residential sorting. Be sure to explain the basic assumptions of the model. Under what circumstances is a neighborhood in equilibrium? Under what circumstances is a neighborhood stable?
In the article "How Racism Doomed Baltimore," in the New York Times, the author argues that rather than reflecting a history of racial discrimination policies, the problems in Baltimore stem primarily from the actions of a few rogue police officers. ..
What is the value of the price index in 2014? What is inflation from 2013 to 2014?
A friend borrows 500$, agreeing to pay back the loan principal plus 75$ interest one month later. One year goes by and he doesn’t pay. Exactly one year later you ask him to pay the loan immediately plus an interest with monthly compounding.
Using the debt-relief Laffer curve, make the case that debt relief can be in the best interest of both the developing and developed countries.
What do the employees of the state and local government produce? What is the opportunity cost of that output? What is a possible opportunity cost for building a public golf course?
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