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Two hospitals are bargaining with an MCO to get into its provider network. The MCO can earn $100 if it puts one of the hospitals in its network; and $200 if it puts both hospitals in its network. If both hospitals merge, and bargain jointly, how much more will they earn?
a. $0
b. $50
c. $100
d. It depends on the ability of the merged hospital to credibly commit to a takeit-or-leave-it offer.
A Study of pharmacies in the San Fran. area found the prices charged for 100 tablets of medicine to be approx. normally distributed, with a mean price of $8.50 and a standard deviation of $2. Find the probability that a particular San Fran.
What is the empirical evidence? What does Card argue is correct? What does Borjas argue is correct?
a pricing analyst for QuantCrunch Corporation, a company that recently spent $10,000 to develop a stastical software package. To date, you only have one client. A recent international study revealed that this client's demand for your software is Q..
Andrea, however, claims they do have a contract and wants to enforce said contract for the price of the car. What standard would the court use to determine whether there is a contract between the parties for the sale of the car.
Poisson Distribution (8 pts.) 911phone calls arrive at the rate of 30 per hour at the local call center. a. Find the probability of receiving more than two calls in a five-minute interval of time. b. Find the probability that the number of calls.
In a study of the income of U.S factory workers, a random sample of 125 workers shows a sample mean of $29,000. Assume that the population standard deviation is $4,500.
The company's computer system uses fluid structure interaction modeling to test and analyze each airbag design concept. What is the present worth of the concept at 16% per year, compounded quarterly, if the quarterly cost in years 1 through 5 is $..
the calculator below shows the labor market for research assistancts in the fictional country of Academia. The equilibrium wage is $10.00 per hour, and the equilibrium number of research assistants is 250
Assume that all wages and prices are completely and immediately flexible. If the growth rate of the money supply is 5%, the growth rate of the velocity of money is 8% and the inflation rate is 9%, what is the Solow growth rate?
Holiday Fruit Company buys oranges and processes them into gift fruit baskets and fresh juice. The company grades the fruit it buys on a scale from 1 (lowest quality) to 5(highest quality). The following table summarizes Holiday 's current invento..
The Morton Company produces and sells two products, A and B. Following financial data on the products is available: Product A Product B Selling price $10.00 $12,00 Variable costs $5.00 $10.00 Fixed costs $2000.00 $600.00 Machining time 0.5 hrs 0.25 h..
You have a contractor make improvements to a business rental for a fixxed price of $64,000. With this improvement you can obtain additional rent payments of $1,200 per month. You estimate the improvements will cause extra monthly expenses
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