How does the law of diminishing marginal utility fit into an analysis of the demand for health care? Give some examples of decisions concerning health care where you personally are indifferent between getting medical care or doing without medical care.

37. Based on_____, changes in the interest rate bring the money market into equilibrium.

a. classical theory, but not liquidity preference theory.

b. neither liquidity preference theory nor classical theory.

c. liquidity preference theory, but not classical theory.

d. both liquidity preference theory and classical theory

38. A housing market boom may lead to ____

a. increases in aggregate supply, which the center bank could offset by increasing the money supply.

b. increases in aggregate demand, which the center bank could offset by decreasing the money supply.

c. increases in aggregate supply, which the center bank could offset by decreasing the money supply.

d. increases in aggregate demand, which the center bank could offset by increasing the money supply.

40. During the World War II, both the price level and real output increased in the U.S. If we know that during this period, the long-run aggregate supply curve shifted right because of the war, then what would have to have happened to aggregate demand so that we could observe these changes in price and output?

a. It would have to have shifted right by less than aggregate supply shifted

b. It would have to have to shifted right by more than aggregate supply shifted.

c. It would have to have shifted left by less than aggregate supply shifted

d. It would have to have to shifted left by more than aggregate supply shifted.

Yield management and price discrimination are both designed to increase revenues by charging different customers higher or lower prices. Explain the difference between yield management and price discrimination, and the conditions required to use these methods. Illustrate and explain how yield management is used to increase revenues for airlines.

For each case below, please state if the person mentioned is unemployed for Frictional, Structural, or Cyclical reasons. Please state your reasoning for each answer.

(a) Pak left the military and is now looking for work as an auto mechanic.

(b) Sue quit her job as a part time college instructor in order to pursue her teaching credential at a local university.

(c) John lost his job as a truck driver due to the greater use of self-driving technology.   

(d) Mary lost her job as a high school teacher due a statewide budget reduction.

"If the price of a commodity increases the quantity demanded can increase, decrease, or remain unchanged." While seemingly contradictory, each of these two statements is correct when placed in the proper context. Carefully demonstrate and explain the proper context for each of these statements.

On the Basics – Apple Inc.

A. We have said that strategic management is an evolution and a destination. What does this mean? Discuss in detail. B. Provide three examples of how Apple Inc. is or is not a strategic management firm. C. Lastly, clearly and succinctly describe Apple’s mission statement as well as the 2020 goals and objectives of the firm.

Which of the following is an example of crowding out?

a. An increase in taxes increases interest rates, causing investment to fall.

b. A decrease in private savings increases interest rates, causing investment to fall.

c. An increase in government spending increases interest rates, causing investment to fall.

d. A decrease in the money supply increases interest rates, causing investment to fall.

1. In San Francisco, 30% of workers take public transportation daily. In a sample of 10 workers,
   1. Clearly state what the random variable in this problem is?
   2. What is an appropriate distribution to be used for this problem and why?
   3. What is the probability that exactly three workers take public transportation daily?
   4. What is the probability that NONE of workers take public transportation daily?
   5. What is the probability that more than five workers take public transportation daily?
   6. What is the probability that less than seven workers take public transportation daily?
   7. What is the probability at least two but no more than eight workers take public transportation daily?

show how to do in excel please

Given that we are currently faced with coronavirus, in which part of the business environment does this fall (economy, technology, social issues, political and legal, and demographics)? What is the role of a manager in a company as to a response to this pandemic?

Regression techniques could involve the issue of 'heteroscedasticity' meaning unequal scatter. This issue is important only when regression is used for demand estimation and not when we use the technique for demand forecasting. Select one:

True

False

however Henry is building a fireplace in his home, the fireplace will require 2500 bricks.

a) if the cost of chimney brick in 2017 $2.10. calculate the material cost of Henry's project in 2020 . the chimney brick index (CBI) was 442 in 2017 and is expected to be 651 in 2020

b) estimate the material cost of similar fireplace to be built in the year 2023
what assumption did you make?

1. A new tractor is considered a ____________ good while food is considered a _______________ good.

1. disposable; durable
2. durable; nondurable
3. nondurable; durable
4. durable; recyclable

2. Which type of expenditure is NOT counted in GDP?

1. Exports
2. New car sales
3. Farmland purchases
4. Equipment purchases

3. John used to work at a factory but was fired because his job can now be done with a machine. Now he cannot find a similar job. What type of unemployment is John experiencing?

1. Fictional
2. Cyclical
3. Seasonal
4. Structural

Explain why it is important to select the right university or college.

Write a 200 word posting in which you discuss if the Keynsian theory in economic thought is still relevant today.