The Sherman Antitrust Law was originally designed to prevent the formation of large corporations or cartels that could dominate the market. (T/F)

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Question 7 Part C: Oregon is examining how to allocate funding over the next five years and have arrived at four projects that are in contention. The numerical details are listed below (Oregon uses a MARR of 10% for new projects): Project 105 205 305 405 Initial Cost 2,500,000 2,500,000 3,000,000 2,000,000 Annual Maintenance 250,000 250,000 200,000 300,000 Cost Yearly Benefit 1,000,000 900,000 900,000 1,000,000 Yearly Disbenefit 15,000 10,000 0 100,000 B/C Ratio 1.08 0.98 0.91 1.09 Question 7 Part C: If we assume we have to compute an incremental analysis between Projects 105 and 405, what would the incremental B/C ratio between the two projects be? Enter your answer in the format: 1.23

Problem # 2 The University Eye Institute in upper New-York state is a state-of-the-art ophthalmology center that specializes in a sophisticated laser surgery to correct myopia. Current annual volume is 1000 operations. A major customer of the center is the United Health Insurance system. United currently sends the University Eye Institute 200 patients per year or 20% of the total. United pays $2,500 per operation as does every payor. The United Health Insurance Company is satisfied with the quality and service provided by the University Eye Institute and has proposed that they send the Center an additional 100 patients (operations) per year. United proposes that the fee be reduced to $2,000 for the additional 100 patients and for the prior 200 patients. Assume the fee paid by payors other than United Health remains the same. a) What is the marginal revenue per patient if the proposal is accepted? b) What is the marginal cost per patient if the proposal is accepted? Here are some cost…