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What are pitfalls/drawbacks of Modicare? What is your suggestion for the application of Modicare to the U.S. people? Is Modicare significantly different from the U.S. Medicaid (and Medicare)?
Assume that machine B will be available in the future at the same costs. Enter the Annual Equivalent Cost as a positive number of the preferred machine.
Perform an annual equivalence analysis for the two options, and state which is the better option and why. Calculate the present worth of the incremental system (1 - 2): and state which option is better and why.
Assume that you are going to start a small business of your own. Further, imagine that you are able to adequately differentiate your product, or service so that you can establish your business as a monopolistically competitive firm. Describe the busi..
PLC Inc. is a manufacturer in food industry. Its marketing department is seeking to develop an econometric model for forecasting the future sales
In Virginia, the common law has long held that if a neighbor's tree encroaches on your yard you may cut the branches as they cross the property line, but any damage the tree does to your property is your problem. Which rule is better: the new rule or..
After America's latest mortgage meltdown, what checks and balances are required at the 1) Consumer Level 2) Mortgage provider level 3) Government level?
If the government places a $5 per-unit tax in the market, mathematically determine the market price and quantity before and after the tax, the amount of the tax (per unit) that producers must absorb and the amount of tax passed on to consumers (per u..
Elasticity, explain the distinction between price, income and cross price elasticity of demand illustrate your answer with appropriate formulas.
Can goals like avoiding unethical or illegal behavior be in conflict with the goal of the firm. Explain how does this complicate the agency problem.
The net present value of the project will be highest under which of the following discount rates?
What must saving rate be in initial steady state. What is marginal product of capital in initial steady state. Suppose that public policy rises saving rate so that economy reaches Golden Rule level of capital.
Two firms, A and B, are engaged in a Cournot quantity competition game.
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