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Now suppose insurance rules are changed to permit a new insurer (B) to enter this marketplace and be allowed to exclude the high risk due to pre-existing condition exclusions while the other incumbent insurer (A) is forced to still charge a community rate (as in the ACA). Assuming loads remain at 20% in long run equilibrium, what would the premiums be in each market, (low risk, high risk)?
Consider the following market QD= 15-2P QS= 5P-2.5, with the government imposing a tax of 1.4 dollars per unit. Find the consumer, producer and total surpluses. What is the tax burden for each of the market participant?
Select an engineering company of your choice. Using open-source information, financial profile of the company.
Which rate of return does the investor expect to receive on this stock if it is purchased today?
I think the blaming China is just another move by the administration to take the country in the wrong direction, possibly with tariffs or restrictions on imports for countries such as China.
Define uncertainty. What are some of the basic causes of uncertainty in engineering economy studies? Will the increased use of automation increase the importance of engineering economy studies? Why or why not? “Making recommendation about whether jet..
You are employed as an economic consultant to the regional planning office of a large metropolitan area, and your task is to estimate the demand for hospital services in the area. Use this information to project the impact of the following changes on..
Manolo Blahnik is one of many firms that is a supplier in the market for shoes. Manolo Blahnik is run by a fashion designer, his shoes are considered to be high-end and are known for a stylistic sensibility that sets them apart from other producers’ ..
The guest speaker sat down to a warm round of applause. Jim Hoffman was a well-known local consultant with a seemingly unlimited repertoire of humorous stories and anecdotes. And his subject, “The Dangers of New Product Introductions” always went dow..
Suppose that the times taken for germination for cauliflower seeds are normally distributed with a mean of 6.9 days.
What is the ratio of this energy to the daily food intake of a person (1.2 ? 107 J)?
Explain why there would be such a discrepancy between the multiplier formula results and actual outcome.
assume an urban clusters income i is given by the function i4n-0.05n2 where n denotes the clusters population in
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