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A provider charges $200 for an office visit. The insurer's allowed fee is 80% of charges. The beneficiaries pay 20% of the allowed fee. In this case, how much would the insurer pay? How much would the patient need to cover?
Boeing and these firms make decisions and pay their workers, investors, and raw material suppliers to influence what, how, and for whom goods and services are produced. All these decisions are made in self-interest, and produce an airplane at the ..
Using the supply and demand analysis of the market for reserves indicate what happens to the federal funds rate, borrowed reserves and non-borrowed reserves, holding everything else constant, under the following situations. The Fed conducts an open m..
What is your thought about tracking the U.S. Economy and Unemployment and Inflation.
If demand of a commodity increases with income,
Your savings account was earning 3% interest. What are explicit and implicit costs of your decision. What is total opportunity cost this year of starting shop.
With a focus on the concepts introduced in Granovetter (2005), write a brief (1-page) essay comparing his discussion of the Fur of Sudan and Arab merchants with the description in TechCrunch1 of the tech-funding needs in London and the arrival of Sil..
Bill is thinking of investing in a Silicon Valley start-up. His von Neumann-Morgenstern utility-of money function is U(w) = 9+w-(w^2/100) where w denotes wealth measured in thousands of dollars (thus w = 1 means $1,000). Would a risk-neutral person m..
If the IRR of Alternative A is 16.91%, the IRR of Alternative B is 14.91%, and MARR is 10.91%, which of the following is correct? neither alternative A nor alternative B is acceptable. not enough information is given to determine which alternative is..
Jim’s diner is just about to open in Memphis, Tennessee. However, Jim is trying to decide whether he wants to offer Coke or Pepsi soda products. He determines that, to offer either product, he will have to spend $1,600 in sunk costs to purchase and i..
Find a single price that all mutually preferred trades can occur. What are the gains from trade? Now suppose a $1.50 per-unit tax is levied on Larry for each unit sold (that raises MC by $1.50). Now find all mutually preferred trades and the trading ..
Which he can trade at the going prices. He has no other source of income. Illustrate what is Nick's gross demand for x.
Suppose minorities form 29 percent of a local population. A local business has 125 employees of which 28 are momorities. Did the business discriminate in its hiring practices? Write the null and alternative hypotheses. What is the value of the test s..
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