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Which of the following reimbursement and consumer copayment schemes would have the greatest and lowest likelyhood of producing high-cost, low-benefit medicine? Be sure to explain your answers and complete each section. (refers to the financing of health, not the consumer experience) A. Fee-for-service with 40% consumer copayment B. Prepaid Health plan with 40% consumer copayment C. Fee-for-service with no consumer cost sharing D. Fixed salary with no consumer cost sharing E. Prepaid health plan with no consumer cost sharing F. Fixed salary with 40% consumer cost sharing
What is total demand in the industry? What is the 4-firm concentration if each sells 15 units?
Assume the marginal revenue product ( MRP ) for minority workers is given by MRP = 40 − 5N m , where N m is the number of minority workers. The market wage for minorities is $5/hr. Discriminating firms devalue the contributions of minorities at a rat..
Ajax Electric Light is a nonunion manufacturing company that produces small light components including a type often used in automobiles. Discuss the difficulty of making a fully "rational" decision in the face of incomplete information, unclear crite..
Assume there is a well-defined geographic area of a city. The area is composed exclusively of apartments and is populated by low-income residents. Would the demand for apartments in this area be relatively inelastic or relatively elastic? State why. ..
List at least four examples of why governments choose to restrict trade with another country. Which of these examples do you feel is the most justifiable?
A profit maximization perfectly competitive firm face the following function total cost function. TC=10Q^2+50 and marginal revenue (MR)=10 based on the above information a) Calculate total revenue function
Suppose that the money demand function is (M/P)d = 800 - 50r, where r is interest rate in percent. The money supply M is 2,000 and the price level P is fixed at 5. a. Graph the supply and demand for real money balances. b. What is equilibrium interes..
Picture the used car market: Cars are either high, medium, or low quality. To buyers, high quality cars (which never break down) are worth $8,000, medium quality cars (which sometimes break down) are worth $5,000, and low quality cars (which often br..
From the Novitas Jurisdiction H (or JH) home page, select “Claims” from the left menu, then select “Part A Top Claims Submission Errors” for Oklahoma. Review the errors and answer the following questions: Discuss two of the top claims submission erro..
Illustrate the entry barriers exist in the fast food industry. Compute the labor participation rate: total population, 500; population under 16 years of age or institutionalized, 120; not in labor force, 150.
The late 1990s in Canada was characterized by substantial economic growth with little inflation; that is, potential real GDP increased with little, if any, increase in the aggregate price level. Describe what must have been happening to Canadian aggr..
q1. a. why does an exporter face a foreign exchange risk? how can the exporter hedge its foreign exchange risk?b. what
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