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1. You are a manager for a regional health system. Using an estimate of the price elasticity of demand of -0.25, how much will ambulatory visits change if you raise prices by 5 percent?
2. you estimate that the price elasticity of demand for clinic visit is -0.25. you anticipate that a major insurer will increase the copayment from $20 to $25. This insurer covers 40,000 of your patients, and those patients average 2.5 visits per year. what is your forecast of the change in the number of visits?
3. A major employer has just added health insurance coverage for its employees. consequently, 5,000 of your patients will pay a $30 copayment rather than the list price of $100 per visit. These patients average 2.2 visits per year. You believe the price elasticity of demand is between -0.15 and -0.35. what is your forecast of the change in the number of visit?
explain how much the minimum wage was, employers would still be more likely to pay it.
How effective would these actions be if banks remained re- luctant to make consumer loans while households remained reluctant to obtain loans? Briefly explain.
What would be additional revenue per hour obtained if company managed to have 10 doctors overseas on duty at any given time. What would be additional profit if company managed to have 10 doctors overseas on duty at any given time.
Compute market price, quantity of wheat produced, and the new equilibrium number of farms in this new situation.
Label aggregate demand curve as AD and aggregate supply curve as AS. Be sure to label axes appropriately. Identify and describe changes in AS-AD graph above that would result from cost-push inflation.
The company uses an effective income tax rate of 40%, and the after-tax MARR of 15% per year. What is the approximated value of the company's before-tax MARR?
She put her savings into mutual fund that paid a nominal interest rate of 7 percent a year. CPI was 165 at beginning of year and 177 at end of year. Illustrate what was real interest rate that Sally earned.
a comparable hotel room in Hanover, Germany, costs 200 euro. A) Which hotel room is cheaper for a U.S. Tourist? B) What is the exchange rate between the euro and the British pound?
What is the equivalent annual worth of costs for the website over a total of 6 years at an interest rate of 12% per year.
The price elasticity of demand for mopeds, in absolute value, is 0.5, by what percentage will the quantity of mopeds demanded increase if the prices fall by 10%?
In terms of the shareholder wealth maximization model, if the expected future profits of a firm are cut in half, what should happen to the share price?
As a policy maker concerned with correcting the effects of gases and particulates emitted by and local power plant, illustrate what two policies could you use to reduce the total amount of emissions.
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