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Q1: There are some major economic issues surrounding the availability and pricing in the pharmaceutical industry. Identify and discuss two of these economic issues
Q2: Define each of the following terms and describe the effect of each on the provision of medical care for the elderly. (a) free choice of provider, (b) mandatory assignment, (c) capitation, (d) balance billing.
Why type of decision was made? What was another alternative that could have been made? Discuss how scarcity influenced the decision.
What is the best price for : Maximizing profit, Maximum revenue possible.
Calculate the annual expected monetary value (EMV) of breakdowns by the steam engine on Enrico's ship and calculate the $ annual EMV of total destruction of the steam ship from sinking or by shipwreck.
What are the sources of human capital? What are sources of labor productivity? Discuss some specific examples.
Using the language of the AD/AS model, describe what should happen to inflation and real GDP in the short run and long run.
assume that the low-calorie microwavable food company from assignments 1 and 2 wants to expand and has to make some
Discuss the long run adjustment process that will occur as this economy moves from the short-run equilibrium you found in (g) to the long run equilibrium
Develop a real or realistic scenario for the introduction based on the company you chose and the two variables. Include a background, a business problem
Marty Mad is an employee of Big Box. When Marty was hired, Big Box was in a jam to get more workers, so it did not do a background check. Marty works as a stocker and occasionally as a checker.
Draw a network diagram of the optimal shipments. Include in the diagram the optimal quantities, unit transportation costs, and fixed supplies and demands.
Determine the quantity of cars traded and the price at which cars get traded - calculate Marginal Revenue curve from demand curve.
Suppose the production function is given by Q= 5K + 6L. What is the average product of labor when 8 units of capital and 10 units of labor are employed?
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