Suppose society consists of three cities with populations

Assignment Help Business Economics
Reference no: EM131107895

Suppose a society consists of three cities (A, B , C. ) with populations of 99,000 , 51,000 , 6,000 people respectively. Suppose that the society has 15 doctors total.

a. What cities will have how many doctors?

b. If the number of doctors doubles to 30. How many will live in each city?

Reference no: EM131107895

Questions Cloud

Painting and soon will have it appraised by professional : Jen recently inherited a painting and soon will have it appraised by a professional. Jen believes there is a 75% chance that it is authentic, in which case it's net worth is $400. However, there is a 15% chance that it is a fake, in which case it's n..
Dicenta corporation reported net income : The preferred stock pays an annual dividend of $5 per share. DiCenta's tax rate is 40%. Compute DiCenta's 2010 diluted earnings per share.
Impact of technological progress : What is the impact of technological progress (i.e. when A increases)? You need to discuss the e↵ect on employment of skilled and unskilled labor, two real wages and output. Show the changes on the diagrams from part B.
Why understanding market structure in health economics : Respond to your assigned question by Wed and then respond to TWO of your classmates responses (in an area different than your initial response) by Sunday. Ensure your responses to classmates is unique and substantial with support for your point o..
Suppose society consists of three cities with populations : Suppose a society consists of three cities (A, B , C. ) with populations of 99,000 , 51,000 , 6,000 people respectively. Suppose that the society has 15 doctors total. What cities will have how many doctors? If the number of doctors doubles to 30. Ho..
Defining characteristics of the pastoralist way of life : What are some defining characteristics of the pastoralist way of life
Rockland corporation earned net income : Which are convertible into 16,000 shares of common. Rockland's tax rate is 40 percent. Compute Rockland's 2010 diluted earnings per share.
Which actions is consistent with the police subculture : Which of the following actions is consistent with the police subculture? The belief that criminal justice professionals do not learn ethics on the job because ethics are rooted in early learning is the _______ perspective.
What is the area of the opening : The area A of the opening may be expressed as the function: A(θ) = 16 sin θ ⋅ (cos θ + 1). If θ = 90°, what is the area of the opening?

Reviews

Write a Review

Business Economics Questions & Answers

  Learning and growth and internal business process

ZZ Tire Company started as retail installer of tires on cars 10 years ago. They now have 400 retail stores, installing about 10,000 tires per store per year and selling a total of 4 million tires. 5 years ago, they decided to start manufacturing thei..

  Use the cash flow approach to Show the EUAC values

A specialty concrete mixer used in construction was purchased for $300,000 7 years ago. Its annual O&M costs are $105,000. At the end of the 8-year planning horizon, the mixer will have a salvage value of $5,000. If the mixer is replaced, a new mixer..

  Tools of fiscal policy to stabilize the economy

What would be the resulting effect on equilibrium price level - explain. What will be the effect of the different tools of fiscal policy to stabilize the economy?

  Macroeconomic measurements and supply and demand

XYZ Company is aware that macroeconomics plays a general role in its organization’s success. Top-level management has asked you to conduct research, and then write a report on specifically what role it should play in its overall success. Management h..

  What part of the change in sarah''s demand

what part of the change in Sarah's demand was due to the income effect and what part was due to the substitution effect?

  Causes existence of positive interest rate

In standard macro model, it is usually time preference that causes positive interest rate. But is there anything to do with risk aversion of utility function that causes existence of positive interest rate?

  Marketing and production-competitive environment

Boat is a product of the Baldwin Company which is primarily in the Nano segment, but is also sold in another segment. Baldwin starts to create their sales forecast by assuming all policies (R&D, Marketing, and Production) for all competitors are equa..

  Currently enjoys a patent monopoly

Mirk Labs is a pharmaceutical company that currently enjoys a patent monopoly in Europe, Canada, and the United States on Zatab, an allergy medication. The global demand for Zatab is: Qd = 15.0 0.2P where Qd is annual quantity demanded (in millions o..

  Geometrically increasing series of payments

Find the present-value equivalent to the following geometrically increasing series of payments.

  Illustrate what smallest integer price make firm willing

The firm must pay a fi xed cost of $80 if it produces any positive amount, but does not have to pay this cost if it produces no output. Illustrate what is the smallest integer price that would make a firm willing to produce a positive amount.

  What is the european union

What is the European Union? How do debt problems in Greece and Spain affect the European Union as a whole and its member countries? What are the potential political implications of the austerity measures being currently being proposed in Greece and S..

  Should wardco be required to treat the water in this case

If it cost Wardco $10million to treat the water and the value of mined products to customers is $8million, requiring water treatment would kill the project. Should Wardco be required to treat the water in this case?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd