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Imagine you are the governor of a state (e.g. Georgia, although it doesn't have to be Georgia) with a mandate to reform the individual insurance markets within the state. How would the ACA (Affordable Care Act) serve as a model, or lesson, for your reforms? Be specific: Which provisions of ACA, or aspects of its structure, would you incorporate? Which would you avoid? What new initiatives would you propose? Throughout, keep in mind the primary goal of your reforms, which is to minimize adverse selection.
potter corporation sells office supplies to government agencies. the company reports the following selected account
The aluminum industry faces a private marginal cost curve PMC = 2Q and a market inverse-demand curve of PD = 60 – QD. However, production creates an externality with marginal damages of MD = Q. What is the resulting price that consumers face with the..
Step 1 of 2: Find the critical value that should be used in constructing the confidence interval. Round your answer to three decimal places.
A local phone company has three family plans for its wireless service. Under each of these plans, the family gets two lines (phones) and can make local and long dis- tance (within the United States and Canada) calls for free so long as the total numb..
Amazon has started a bidding war between cities, counties, states and regions for the relocation of its 2nd headquarters.
A firm uses third-degree price discrimination to sell the same cologne under two different labels. The price elasticity of demand for `High Class' is -1.25. The price elasticity of demand for `Splash-This-Stuff-On' is -2. Which one of the following s..
U.S. antitrust laws are designed to prohibit monopolization and encourage competition. Why
Under the conditions of monopolistic competition:
You are the manager of Frozen Super Paws Treats , the dominant firm in market for frozen ice cream treats for dogs. At your current production level, your margi
Peterson Accounting Company has the following account balances: Cash, £5,000; Accounts Receivable, £2,000; Prepaid Rent £1,500; Supplies
Find Q*, P*, consumer surplus, producer surplus, and total variable costs. Make a graph and label it. What is the elasticity of supply at the solution point? What is the elasticity of demand?
Some years ago a critic of what economists were saying about the U.S.'s international trade position argued that it was essential that the U.S. as a country should run a trade surplus and maintain a healthy positive net inflow of foreign financial..
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