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Assignment:
Read the following two articles to answer the questions:
1. Gruber, J. (1994) The Incidence of Mandated Maternity Benefits, The American Economic Review, 84(3): 622-641.
2. Glickman, S. W. & Peterson, E. D. (2009) Innovative Health Reform Models: Pay-for-Performance Initiatives, The American Journal of Managed Care, 15(10): S300-S305.
Answer the Questions in Word Doc: Which factors determine the number of knee surgeries in a state? Will the same factors determine the number of hip surgeries? Colon surgeries? Hospital admissions as a result of asthma?
Each response should be no longer than one page, singled-spaced, and 12 font. (So like a little over half a page at least).
Describe how the Economics principles of opportunity cost, factors of production, scarcity, and production possibilities interact to determine to what extent a nation's Gross National Product grows within a particular year
1. bills bakery has a fire and bill loses some of his cost data. the bits of paper that he recovers after the fire
Drawing Conclusions When a corporation wants to introduce a potentially profitable but risky product, it frequently sets up a separate company.
George has been selling 5,000 T-Shirts per month for $8.50. When he increased the price to $9.00 he sold only 4,000 T-Shirts. What is the demand elasticity? If his marginal cost is $4 per shirt, what is his desired markup and what is his initial a..
Identify two different ways whereby a firm determines its profit maximizing level of output operating in perfectly competitive market
Use the table below showing the quantity demanded
To get a better feel for wage determination, look at the "Work Week" column in the first section of Tuesday's Wall Street Journal. Determine how some of the developments described there are likely to affect aggregate supply. Make sure that you dis..
A new hydraulic lift will cost $125213. At the end of its 9 years of useful life, the machine can be sold for $39492. The new machine will reduce annual expense
The law of demand says that the price and quantity demanded are inversely related. Thus, is demand curve positively or negative sloped?
Wiebe Trucking, Inc., is planning a new warehouse to serve the western United States. Denver, Santa Fe, and Salt Lake City are under consideration. For each location, annual fixed costs (rent, equipment, and insurance) and average variable costs p..
Why will a monopolist"s output increase if the government forces it to lower its price? If the government wants to set a price ceiling that maximizes the monopolist"s output, what price should it set?
Compute trend analysis for net revenue and net income - Which grew faster during the period, net revenue or net income?
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