• Q : Case scenario-economics and medical malpractice....
    Microeconomics :

    Question 1. Summarize the positive results of medical malpractice laws, according to the press release from the Stanford Graduate School of Business.

  • Q : Substituability of capital for labor....
    Microeconomics :

    Explain how the effects of a requirement that firms provide additional safety equipment to each worker in an industry depends on the substituability of capital for labor and the extent to which work

  • Q : Ytd change percentage and actual numbers....
    Microeconomics :

    What is the Russell 2000 Index current price (level) and weekly and YTD change percentage and actual numbers.

  • Q : Formulate the linear programming problem....
    Microeconomics :

    About 25% of TV viewers are persons in the target income bracket and about 12.5% of the viewers are in the target age bracket. 1. Formulate the linear programming problem. 2. Graph the feasible space.

  • Q : What is the initial investment in the product....
    Microeconomics :

    Q1. What is the initial investment in the product? Remember working capital. Q2. If the plant and equipment depreciated over 4 years to a salvage value of zero using straight-line depreciations, and

  • Q : Correlation between smoking and heart disease....
    Microeconomics :

    Medical evidence has strongly shown the correlation between smoking and heart disease. The insurance companies have noticed it too. In fact, suppose that they have compiled data that shows the likel

  • Q : Level of home ownership in the community....
    Microeconomics :

    Why is the government concerned about the level of home ownership in the community? Suggest some economic and social factors?

  • Q : What is the firms after tax cost of debt....
    Microeconomics :

    - What is the firms after tax cost of debt? - What is the firms cost of preferred stock? - What is the firms cost of common stock? - What is the firms weighted average cost of capital?

  • Q : Differences between adverse selection and moral hazard....
    Microeconomics :

    Question: Explain differences between adverse selection and moral hazard. Make use of illustrative examples where appropriate.

  • Q : Insurance company to break even....
    Microeconomics :

    Using the answers obtained from part a and b, prove that a risk neutral agent will not purchase any insurance at the premium that must be charged in order for the insurance company to break even.

  • Q : Probabilistic insurance....
    Microeconomics :

    If a risk averse person is indifferent between buying the insurance or not, can it be actuarially fair (the insurance pays full cost of damage when it happens)?

  • Q : Cost minimizing level of capital and labor....
    Microeconomics :

    Graphically identiy the cost minimizing level of capital and labor in the long run if the firm wants to produce 140 units.

  • Q : Average and marginal cost curves....
    Microeconomics :

    So why do governments issue patents at all? Explain, showing the contrast between the average and marginal cost curves for a firm with very high fixed costs and low marginal costs, and those assumed

  • Q : Substitution and income effects of a price change....
    Microeconomics :

    When the price of a good increases the quantity consumed will fall. The amount by which consumption falls however, depends on the both the substitution and income effects of a price change.

  • Q : Demand side cost-control mechanisms....
    Microeconomics :

    Problem: How do HSAs encompass demand side cost-control mechanisms? How do they include supply side cost control mechanisms?

  • Q : Exhibiting a gantt chart....
    Microeconomics :

    Show a gantt chart that displays possible processes involved in developing or starting a website, preferrably a website for a modeling agency where they will showcase individuals profiles, there bio

  • Q : Cutting expenditures and increase taxes....
    Microeconomics :

    Develop a plan of action to solve this problem. How can we pay for this? Cut expenditures, increase taxes Are there any changes we could make to present laws to help with this problem?

  • Q : Calculate the npv and irr for each project....
    Microeconomics :

    Question 1: Calculate the NPV and IRR for each project. The company's WACC is 10%. Question 2: Assume only one percent can be undertakeen.  Which project would you recommend and why would you?

  • Q : Proposing a ban on marijuana advertising....
    Microeconomics :

    This, in turn, leads bc to reduce the tax, so marginal cost returns to C$3. The province does, however, propose a ban on marijuana advertising. Would Reefer Madness and bc Stone Age favor or oppose

  • Q : End-of-period adjusting entry....
    Microeconomics :

    If throughout an accounting period the fees for legal services paid in advance by clients are recorded in an account called Unearned Legal Fees, the end-of-period adjusting entry to record the porti

  • Q : Draw lee budget constraint and show the equilibrium....
    Microeconomics :

    Lee has an income of $15,000 (after taxes). When the price of gasoline is $1.25 per gallon, Leebuys 4,000 gallons. Putting gasoline on the horizontal axis and "other goods" on the vertical axis,and

  • Q : Change the costs or output level....
    Microeconomics :

    What advice would you give to this firm in the short run (without being able to change the costs or output level) relative to operating or shutting down and why?

  • Q : Competitive firm facing a market price....
    Microeconomics :

    For a competitive firm facing a market price above average total costs. the existence of economic profit meand the firm should increase output in the short run even if price is below marginal cost.

  • Q : Costs of insurance....
    Microeconomics :

    Costs of insurance. If patient X believes he might have health care costs of $20,000 with a probablility of 0.25 or $10,000 with a probablility of 0.75 what is the actuarilly fair premium that cover

  • Q : Determinining the market rate of substitution....
    Microeconomics :

    1. Graph the budget line and determine the market rate of substitution? 2. Explain the illustrate the budget set?

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