Please refer to the table shown above that depicts a third-party payer market, What is the cost of this program to the third-party if a $1 co-pay is established? $4,800 $1,600 $6,400 $0

Q: hich if the following is not one of the 3 types of Intellectual Property protection lect one: Оа. со...

A: 1. Intellectual property assurance helps the economy. 2. Intellectual property insurance advances de...

Q: Refer to the table below. (2) Minimum Acceptable (3) Actual Price (Equilibrium Price) $ 8 (1) Person...

A: Producer surplus is the distinction between how much an individual might want to acknowledge forgive...

Q: In the steady state of Solow's exogenous growth model, an increase in the savings rate ... A. increa...

A: The Solow Growth exogenous model of economic growth implies a change in the level of output due to a...

Q: On the following graph, use the black curve (plus symbols) to illustrate the deadweight loss in thes...

A: Deadweight Loss: A deadweight loss is a cost to society created by market inefficiency, which occurs...

Q: Show that the Cobb – Douglas production function f(x,,x, )= Axx , with 0 0, x, > 0.

A: Given information Cobb-Douglas production functionf(x1,x2)=Ax1αx2βWhere 0<α,β<1and α+β<1Whe...

Q: d. Expanded use of online payments reduces the amount of money people want to hold. The central bank...

A: Answer: Note: it is not clearly mentioned what changes have to be made. Seeing the figure it seems t...

Q: ato flour and then sells it to a Baker for $25.00. The Baker uses the flour to bake bread and sells ...

A: a. GDP: The GDP or Gross Domestic Product can be defined as the total income of the country. GDP ref...

Q: 3. In monopoly, the relationship between average and marginal revenue curves is as follows

A: To find : What is relationship between average and marginal revenue curve. 

Q: Show graphically both slutsky and Hicks analysis for fall in price of giffen goods. Explain using di...

A: Microeconomics is a broad topic of study that encompasses a variety of hypotheses about people's wan...

Q: A deductible reduces ________ in exactly the same way as ________.   Question 10 options:   a)  m...

A: When talking about deductibles, it is the amount of money that an individual pays in advance to get ...

Q: Rational expectations theory assumes Multiple Cholce consumer behavior is static. consumers will cha...

A: Consumer behavior is not static, consumers form their expectation according to RE, consumers use all...

Q: Given the supply and demand functions Qs = ( P + 8 ) ( P + 20 )1/2 QD = 460 – 12P 3P2 / ( P + 20 )1/...

A: Answer: Given, QS=P+8P+20QD=460-12P-3P2P+20 At equilibrium,QS=QDP+8P+20=460-12P-3P2P+20P+20P+20=460-...

Q: The table below shows data for a simple economy that produces 2 products only: Ketchup and Tomatoes....

A: To calculate the change in the price level, we will calculate the GDP deflator for the 2018 and 2019...

Q: A) low skilled workers is $10/hour. The government's goal is to help low-paid families. Is a minimum...

A: A minimum wage is the lowest remuneration that employers can legally pay their employees—the price f...

Q: 1) Lorenz curve show the inequality in income distribution but it does not show a) the debts involv...

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any sp...

Q: ction levels for each product per worker/month (assume each country has a workforce for 15 workers):...

A: Opportunity cost is the renounced benefit that would have been gotten from a choice not picked. To a...

Q: QUESTION 5 Refer to the graph. Based on the information illustrated in the graph, which of the follo...

A: The correct answer Is given in the second step.

Q: 12. Excise tax is a part of A. O Fixed cost В. Variable cost C. O Implicit cost D. O Is not a part o...

A: Variable cost (VC): - it is the total value of the cost incurred in the employment of variable resou...

Q: iii. If electric vehicles are considered as close substitutes of fuel cell vehicles (fuel cars) then...

A: When goods are closely related then price of some are tend to effect supply and demand of other good...

Q: The labour force participation rate is the Proportion of population that is working

A: To find : What is labor force participation 

Q: Q)Discuss some empirical evidence on the importance of monopsony in affecting wages and inequality. ...

A:

Q: of demand between palm oil and soy

A: Elasticity of demand = 0.103 Current price = 1480 $ New price = 1400 $ Old quantity = 10 Million ton...

Q: The multiplier is an indication of the capacity of money injected in the economy to    a. increase i...

A: The economics as a study is based upon the basic idea of scarcity. The resources which are present w...

Q: Question 1 ( A monopolist sells Soma at the same price into two different markets. The inverse deman...

A: p1=15-q D2(p)=80-3p First, we convert the inverse demand equation of the first market into the deman...

Q: In trade policy a balance must be stricken between Select all that apply: importers and exporters do...

A: The answer is -  Option 2. domestic business special interests and domestic consumer interests. Opti...

Q: Household spending on education Household spending on cars and furniture Household spending on real ...

A: answer calculate the Personal Income for this sample economy 

Q: 5. The following are some of the costs of a clothing manufacturer. State which among them will you

A: Fixed costs, otherwise called roundabout costs or upward costs, are operational expense that are not...

Q: Assume that unemployment at date t+1, Ut+1, is defined as: Ut+1 = Ut Mt + St, (1) where Ut is unempl...

A: Unemployment, according to the OECD, is people above a specified age not being in paid employment or...

Q: The following people are considered as strategic thinkers in business 1. Bill Gates 2. Steve Jobs 3....

A: In democratic government it has been particularly observed that there is both public and private sec...

Q: Consider "Providing a Public Good under Incomplete Information" (refer to pages 70-74, lecture notes...

A: Given information There are 2 consumer C1 and C2 C1 has 2 strategy and C2 has 2 strategy 2 public go...

Q: Identify and explain each of the four primary sources of modern United States law, describing and/or...

A: Every state in the United States, as well as the entire country, has a Constitution. A constitution ...

Q: In the Malthusian model, the population growth rate is O A. assumed to be constant. O B. not related...

A: Malthusian model is also called exponential growth model. 

Q: NAFTA is Select the correct answer below: O an economic union O a common market O a regional free tr...

A: NAFTA stands for North America Free Trade Agreement that was implemented to promote free trade betwe...

Q: 120 110 100 90 80 70 60 50 40 30 20 10 0 10 15 30 40 50 60

A: Ques 1) Tax creates a wedge between the price buyers pay and the price suppliers get. Here , before ...

Q: If it is more efficient for a country to produce a mixture of all goods (a combination that contains...

A: Production possibility curve (PPC): This curve helps to produce the two goods in the most efficient ...

Q: 10. Mobility of labour A. O Increases efficiency of labour B. O Spoils labour C. O Increases divisio...

A: To find : Mobility of labor

Q: Which of the following refers to the direct restriction on the quantity of goods which are imported ...

A: Taxes are referred to as a charge implied on the use of public property or purposes. It is levied by...

Q: Prices of gasoline change rapidly if something interrupts the oil supply. How responsive do you beli...

A: Answer -

Q: Why are efficiency taxes preferred to regulatory policies as methods remedy externalities?

A: Externalities alludes to circumstances when the impact of creation or utilization of labor and produ...

Q: The price of a product is expressed as p, PHP = 10 – 28D where D is the demand. Which of the followi...

A:

Q: Refer to the two tables below, which show, respectively, the willingness to pay and the willingness ...

A: we know that equilibrium price is obtained when the supply of goods is equal to demand.

Q: Identify within the caribbean region, at least one agency that can provide a Multi-National Corporat...

A:  we have show that ,Caribbean Export is the only [Càribbean] Export Promotion and Trade Agency. Its ...

Q: f the elasticity of demand for college textbooks is -0.1, and the price of textbooks increases by 20...

A:

Q: Choose one of the following examples and explain whether you think that the government should ban th...

A: Banning any product is not the ultimate solution to any of the issue because it will create a situat...

Q: Which of the following statements best describes the aggregate supply curve? A) The aggregate suppl...

A: Aggregate Supply curve is an upward sloping curve. 

Q: Investment can be increased both by reducing taxes on private saving and by reducing the government ...

A: Investment can be increased both by reducing taxes on private savings and by reducing the government...

Q: 1. If the Consumer Price Index rose from 120 to 138 during a 12 month period. What was the rate of i...

A: A comprehensive measure utilized for assessment of price changes in a crate of labor and products il...

Q: Labor productivity on the ABC assembly line was 22 units per hour in 2008. In 2009, labor productivi...

A: Money has evolved since long time ago and currently money is used in the form of currency. There are...

Q: 2. Which bank regulatory agency has the sole regulatory authority over bank holding companies?   Q...

A: Which bank regulatory agency has the sole regulatory authority over bank holding companies?

Q: Which of the following is not included in the objectives of tariffs? To promote indigenous research...

A: A duty or tax that is being paid for a certain type of exports and imports is known as tariffs.