Questions
"Health Care Reform - Why spending more will get you less" Your submission must contain the...

"Health Care Reform - Why spending more will get you less" Your submission must contain the following issues: a) the uninsured; b) what is causing the increasing in health care costs; c) health care reform; d) the Moral Hazard problem; e) will extra preventive care cut costs Instructions: 1. You must cite 2 current sources (within 2 years) and your book or any other textbook, Wikipedia, or any other reference material cannot be used as any of the sources. Sources should be cited according to APA

In: Economics

Please write a 250 word post about the following: 1) Your personal experience with COV-19 2)...

Please write a 250 word post about the following:

1) Your personal experience with COV-19

2) The virus' impact on the economy from a microeconomic perspective: businesses, layoffs, decreased production and output

3) Suggestions for how businesses can cope over the next few months. Do you perceive a difference in the government's response for large corporations vs. small businesses, e.g. large corps speak directly to the President while small businesses have to apply for loans and various bailouts; business bailouts tied to not laying off workers.

In: Economics

Montpelier, a small town in Ohio, earns $75 million and spends $46.5 million. If their income...

Montpelier, a small town in Ohio, earns $75 million and spends $46.5 million. If their income falls to $67 million, they will spend $41 million. Full employment is achieved when income is $79 million.

  1. Calculate the average propensity to consume when Montpelier earns $75 million
  2. Calculate the average propensity to save when Montpelier earns $75 million
  3. Calculate the marginal propensity to consume when income falls from $75 million to $67 million
  4. Calculate the spending multiplier for Montpelier
  5. Is Montpelier in a recessionary or inflationary period?
  6. If the government wants to change their spending level to get Montpelier to reach full employment, how much will they have to adjust their spending when Montpelier is earning $67 million

In: Economics

Do the following production functions have increasing, decreasing, or constant returns to scale? Which ones fail...

Do the following production functions have increasing, decreasing, or constant returns to scale? Which ones fail to satisfy the law of diminishing returns?

  1. ? = min(??, ??)

  2. ?=?10.3 ?20.3 ?0.3

In: Economics

1- Using the BCG matrix, a product with low industry growth rate and a high relative...

1- Using the BCG matrix, a product with low industry growth rate and a high relative market share would be called a:

cash cow

star

question mark

dog

2- in which stage of the product life cycle that features of the product are typically increasing?

Growth

Maturity

Introduction

Decline

In: Economics

A processing plant has a first cost of $700,000 and an expected life of 15 years...

A processing plant has a first cost of $700,000 and an expected life of 15 years with no salvage value. Money is borrowed at 5 percent compounded annually, and the first cost is paid off with 15 equal annual payments. The expected annual income is $200,000, and annual operating expenses are $40,000. Corporation income tax is 50 percent of the profits, and the SYD method of depreciation is applicable on the tax life of the facility, which is 11 years with no salvage value. Compute the income tax for (a) the first year and (b) the second year.
(Ans.. (a) $4167 (b) $10281.)

Tip:
The depreciation method SYD is described at page 41 in chapter 3
Tax is paid on the “real” annual profit (Incomes-Expenses-Interest- Depreciation)

In: Economics

Introduce urban development plan of Beijing, including fundamental development goals (societal, ecological, cultural, political, economic issues....

Introduce urban development plan of Beijing, including fundamental development goals (societal, ecological, cultural, political, economic issues. )

In: Economics

Explain how significant is the rate of interest in explaining income determination (GDP and employment) within...

Explain how significant is the rate of interest in explaining income determination (GDP and employment) within the Classics?

In: Economics

Explain the empirical framework for the Capital Asset Pricing Model. Discuss its components and explain how...

Explain the empirical framework for the Capital Asset Pricing Model. Discuss

its components and explain how an active portfolio manager can use a

performance ratio obtained from these components to evaluate the

performance of an active investment.

In: Economics

11- Which measure the Chinese leadership took in the post-Tiananmen episode of market reforms had the...

11- Which measure the Chinese leadership took in the post-Tiananmen episode of market reforms had the effect of improving the profitability of SOEs, establishing market based employer-employee relationship, and significantly degrading social security for the country’s urban population?

In: Economics

Question Robots in the factory and price rise for suppliers as Maleny Dairies invests for the...

Question


Robots in the factory and price rise for suppliers as Maleny Dairies invests

for the future ABC News, 28 November 2019


At a desperate time for the dairy industry, with droves of farmers making the tough decision to quit, a determined Sunshine Coast couple is staking their financial future on upgrading their processing plant and keeping local farms in business.

In the past five years Ross and Sally Hopper have spent about $10 million upgrading Maleny Dairies' factory.

It was founded in 2000 by Mr Hopper's late parents Harold and Dorothy — dairy farmers who foresaw the difficulties ahead after deregulation.

At the turn of the century there were 1,500 dairy farms in Queensland; now there are about 300.

The Hoppers' most recent $2.5 million investment included installing two crate-stacking robots to cut down on spiralling casual overtime costs and speed up deliveries to their distribution centres at Caboolture and the Gold Coast, and to IGA's major depot in Brisbane.

"We're looking forward to the future, we can see a future in our domestic milk and yeah automation is obviously a way of moving forward," Mr Hopper said.


Task:


Describe what you think some of the key costs would be for Maleny Dairies, and detail which are fixed costs and which are variable costs.

How do you think their current investments would impact their cost structure?

Depict these changes on a diagram (or diagrams) showing their ATC, AVC and MC under their old cost structure and under their new cost structure and explain how this shows the changes that you have proposed.

In: Economics

18- Find the 6 errors in the following text CHINA’S LOW WAGES Wages in China were...

18- Find the 6 errors in the following text CHINA’S LOW WAGES Wages in China were low and remained low for a long period after market reforms began. One reason was the rapid increase in the working age population. Another reason was the Migrant Workers, people from rural areas that live in cities as second class citizens and work for low wages. They are moved to cities and ordered to work for low wages by the government. They form about 25 % of China’s nonagricultural work force. Since late 90’s real wages in China are increasing very fast. Today the wages in some parts of China are higher than in Turkey. One reason is changing population dynamics. The growth of China’s population has slowed down and population is expected to begin declining by the end of this century. China’s working age population is expected to begin declining around 2030. One reason is the One Child Policy initiated in the Mao era. To counter these changes the government has abolished One Child Policy and now allow couples to have as many children as they want. Government is also trying to encourage rural people employed in agriculture to move to cities and join the industrial work force. The percentage of the work force working in agriculture in China is higher than other countries at the same income levels, including Turkey. That is largely because agricultural production in China is done in very large scale in government farms called communes that are inefficient.

In: Economics

10- Two managers of a state owned enterprise in 1980’s China talking: “We will easily meet...

10- Two managers of a state owned enterprise in 1980’s China talking: “We will easily meet the production target assigned by the state planners of producing 50.000 tractors this year, using 80% of our production capacity. With the new regulations, we can produce motorcycles on the side… With demand high, supply low, and prices so high, we will make great profit…” What is the new regulations is he talking about related to?

In: Economics

Answer the question below Please in 150 - 200 words atleast 1. Explain how money evolved...

Answer the question below Please in 150 - 200 words atleast

1. Explain how money evolved over the years?

In: Economics

5- A women, years ago in a village in China thinking before going to sleep: “Oh,...

5- A women, years ago in a village in China thinking before going to sleep: “Oh, I am so tired… I woke up at dawn, worked in the fields whole day, came back and worked in the village steel furnace at night… Good thing I don’t have to cook and care for the kids, the commune does that. We will catch up with England soon but will I be able to see it, working myself to death like this…” What is she living through?

In: Economics