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Capturing economies of scale is often offered as a reason for the consolidation of hospitals. In theory, if there are economics of scale, consolidation should result in cost savings for hospitals. What do the empirical studies mentioned in your text imply about consolidation for hospitals and cost savings? If not for cost savings, what other benefits are there for consolidations of hospitals.?
Discuss the structure, conduct and performance of the pharmaceutical industry. How does its structure, conduct and performance impact patients? Given the structure, conduct and performance of the pharmaceutical industry, predict the responsiveness of the industry to a common disease as compared to a very rare disease. Assume both diseases have very similar impacts on patients.
Given these news reports, does the Massachusetts alcohol industry consider alcohol and marijuana substitutes or complements? What does the industry believe would happen to the demand for alcohol in Massachusetts with the liberalization of marijuan..
Australia can produce 36 thousand tonnes of apple or 12 thousand tonnes of orange in a year. During the same one year period, New Zealand can produce 18 thousand tonnes of apple or 18 tonnes of orange.
During Dec. 2007 and Dec. 2008, measured RGDP in economy fell by 1 percent as the US economy sank into a recession. Over that same time period total employment in terms of hours worked declined by 3.7 percent
What do we call the market value of all final goods and services produced within a country in a given period of time?
using a demand and supply model to explain the impact of occupational segregation or "crowding" on the relative wage rates and earnings of men and women.
Describe why the demand curve facing a monopolist is less elastic than one facing a firm that operates in a monopolistically competitive market.
You are an Economist advising the Federal Government about the Australian Labour Market and issues relating to unemployment. The issues that you have been asked to report are: if the labour market is working properly why does Australia experience si..
Compute the total revenue and total economic profit at each level of output. Compute the pizza shop's marginal costs and marginal revenue level of output. What is the profit maximizing rate of output for pizza shop?
The problem belongs to Economics and the problem is about a report on the 2008 National Trade Estimate Report on Foreign Trade Barriers on specific country.
c. What are the values for the own-price, income, and cross-price elasticities? d. If P increases by 5%, what would happen (in percentage terms) to quantity demanded? e. If M increases by 8%, what would happen (in percentage terms) to quantity demand..
imf warning over slowing growththe global economy may face a marked slowdown next year as a result of the turmoil in
Applied Economics Cost-Benefit Analysis Problem - Using your Marshallian demand function. Calculate the own price elasticity of demand
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