Category Archives: Economics

Explain how the availability of alternative funding systems like casemix and managed care is expected to produce competitive effects throughout the health economy?

4 questions about health care economics and health insurance Discuss ways that managed care organizations may be able to reduce costs of care to their clients? Explain how the availability of alternative funding systems like casemix and managed care is expected to produce competitive effects throughout the health economy? Why do some critics argue that […]

What is Paul’s marginal cost if he decides to stay open for six hours instead of five hours?

HOMEWORK–Week5 Answer the following questions with no more than three sentences. What is a household? How do households interact with firms in a market? What is a firm? What other terms do economists use interchangeably with the term “firm”? What is technology and what factors does it depend on? What is an entrepreneur? Paul runs […]

Are there any problems that should be left to the private sector (free market) to solve-Can you give examples?

Discussion It is a discussion post and you just have to write what you think. Can government solve problems better than the private sector? Are there certain problems that are better solved by the government (either local, state, or Federal)? Are there any problems that should be left to the private sector (free market) to […]

What is Amy and Penny’s opportunity cost of producing one meal (in terms of baskets given up)?

PART 1. Gains from trade [36 points] Suppose Amy and Penny are housemates and there are two chores that need to be completed: cooking meals and laundry. Assume the hours needed to cook a meal or finish a basket of laundry are different for Amy and Penny and are described in the table below. 1 […]

Does cultural difference and multiple skills and knowledge within virtual teams positively affect the increase in innovation?

Question Question 1: Are virtual teams considered one of the tools used to achieve a competitive advantage for organizations? Question 2: Are virtual teams considered a modern administrative practice that cannot be overlooked with technological development and modern means of communication? Question 3: Does apply this practice within business organizations lead to an increase in […]

Which option should you choose? (calculate the present value of future savings)

Financial economics Value of the house 500,000. You are using a 30-year mortgage. Also, you are putting down 20%. (show your work) You have two options: a. Mortgage rate of 4.5% with no points. b. Mortgage rate of 4.35% and 1.5 points. Which option should you choose? (calculate the present value of future savings)  

How much more profit do you make in year 0 with this new technology compared to the profit made in year zero in part (b)?

ECON 456 San Diego State University Questions 1. Suppose you run a small oil well on the Western slope of Colorado. Your production is very small relative to that of the world and thus your production decisions do not impact the world price of oil. You have a stock of 1,200 barrels of crude underground […]

Describe the effects of globalization on air pollution in China’s largest cities.

Globalization Globalization is the process of the world becoming more connected. Like any process that involves economic choices, it has positive and negative consequences. China is one of the world’s fastest-growing economies, and it has experienced many consequences as the result of globalization. One severe consequence has been a sharp increase in air pollution. In […]