Discuss some policy shifts that are needed to reduce ghana's dependence on food imports as a measure to improve capacity to respond to a future crisis like Covid-19

According to Kerin & Hartley (2017)’s marketing text, what are the four general bases that are used to segment consumer markets? And Why?

Why is it more difficult to get an accurate assessment of GDP, the inflation rate, and the unemployment rate in less developed countries in comparison to developed countries? Please explain for each variable

How do the provisions of NAFTA affect trade in water?

Read the following article

The Mayo Clinic and the technology company Medically Home are partnering to launch a new healthcare delivery model that will deliver “advanced care” typically available inside a hospital into patient homes.

Financial terms of the partnership announced Wednesday weren’t disclosed but executives involved said Boston-based Medically Home is providing “technology infrastructure.” And Mayo, which made an undisclosed investment in Medically Home last year, is providing the medical care or directing those that do provide the treatment for “high acuity patients.”

“Under the direction of Mayo Clinic physicians, advanced care at home offers comprehensive and restorative health care services including infusions, skilled nursing, medications, laboratory and imaging services, behavioral health, and rehabilitation services from a network of paramedics, nurses and an ecosystem of support team members,” Mayo said in a statement.

The first such programs to offer “advanced care at home” will be implemented in July in Jacksonville, Fla., and in August in Eau Claire, Wis. Mayo has long had hospitals, health facilities and physicians in those markets.

The partnership comes as medical care providers escalate their efforts to use the latest technology to center treatment around the patient, making sure healthcare is delivered in the right place, at the right time and in the right amount. Some also see the effort to provide more healthcare into patient homes as ready to take off as cases of the coronavirus strain Covid-19 continue their surge and patients look for new safe and effective ways to get home-based care during the pandemic.

“Offering comprehensive, acute and restorative level care to patients in the comfort and safety of the home is an expectation of patients,” Mayo Clinic Platform president Dr. John Halamka said in a statement accompanying the announcement. “Advances in technology and platform business models allow us to give patients the next generation of medical care and experience consumers expect. It is a shifting paradigm in the health care system and Mayo Clinic intends to lead this new option for patients.”

Medically Home has already been attracting investments for its projects like its “Virtual Hospital,” which the company says “transforms patients’ homes into temporary hospital units, enabling advanced medical care at bedside.” Last year, the big healthcare supplier and distributor Cardinal Health invested $10 million into Medically Home.

Mayo said it selected Medically Home as a partner because the platform allows medical care providers to “shift advanced medical care to patients’ homes safely” and offers “an integrated technology platform and network of in-home services” that can be director by Mayo doctors. “The work we will be doing together in this model will have a profound impact on how we all look at the future of medical care,” Medically Home executive chairman Raphael Rakowski said.

Answer the following questions using concepts from chapters 6 and 7:

1. The article states: “… invite more calls from politicians to enact price controls for drugs”. What kind of government action in markets could some politicians advocate for? Would the result of that action be fair and/or efficient? Explain. (max. word count: 50)
2. What kind of price elasticity of demand does a life-saving drug have?
3. In the US, the allocation of vaccines follows a public-private partnership, where government purchases account for more than 50% of the vaccine market (NCBI, 2003). Would the market price alone work as an allocation method? Explain. (max. word count: 50)

Explain what will happen to the equilibrium price and equilibrium quantity of bonds in each of the following situations.​ (If it is uncertain in which direction either the equilibrium price or equilibrium quantity will​ change, explain​ why.)

Wealth in the economy increases at the same time that Congress raises the corporate income tax.

A.The demand curve will shift to the left and the supply curve will shift to the right. This decreases the price of bonds and the quantity of bonds is indeterminate.

B.Both the demand curve and the supply curve will shift to the left. This decreases the price of bonds and the quantity of bonds is indeterminate.

C.The demand curve will shift to the right and the supply curve will shift to the left. This increases the price of bonds and the quantity of bonds is indeterminate.

D.Both the demand curve and the supply curve will shift to the right. This increases the price of bonds and the quantity of bonds is indeterminate.

The economy experiences a business cycle expansion.

A.The demand for bonds shifts to the​ right, raising price and increasing the quantity of bonds.

B.The supply for bonds shifts to the​ right, lowering price and increasing the quantity of bonds.

C.The supply for bonds shifts to the​ left, raising price and decreasing the quantity of bonds.

D.The demand for bonds shifts to the​ left, lowering price and decreasing the quantity of bonds.

The expected rate of inflation increases.

A.Both the supply of bonds and the demand for bonds shift to the right. This increases the quantity of bonds and the price is indeterminate.

B.The supply of bonds shifts to the left and the demand for bonds shifts to the right. This increasses the quantity of bonds and the price of bonds is indeterminate.

C.The supply of bonds shifts to the right and the demand for bonds shifts to the left. This decreases the price of bonds and the quantity of bonds is indeterminate.

D.Both the supply of bonds and the demand for bonds shift to the left. This increases the quantity of bonds and the price is indeterminate.

The federal government runs a budget deficit.

A.The supply of bonds​ decreases, shifting the supply curve to the​ left, thus forcing the price up and the quantity down.

B.The supply of bonds​ increases, shifting the supply curve to the​ right, thus forcing the price down and the quantity up.  

C.The demand for bonds​ increases, shifting the demand curve to the​ right, thus forcing the price and quantity up.

D.The demand for bonds​ decreases, shifting the demand curve to the​ left, thus forcing the price and quantity down.

If firms increase the hourly wage paid to all workers then (all else the same) this will tend to:

Group of answer choices

increase the price of the goods sold by the firms because of a decrease in supply.

increase the price of the goods sold by the firms because of an increase in supply.

decrease the price of the goods sold by the firms because of a decrease in supply.

decrease the price of the goods sold by the firms because of a increase in supply.

John has 5 hours per day to allocate to work and wants to earn as much income per day as possible. He can work for a landscaper and earn $10 per hour or he can work for a farmer picking lemons. The table below shows how many baskets of lemons John can pick depending on how many hours he devotes to the activity per day.

Assume that John can earn $1 for each basket of lemons. How should John divide his 5 hours of work per day?

Group of answer choices

3 hours on the lemons and 2 with the landscaper

2 hours on the lemons and 3 with the landscaper

all 5 hours on the lemons

4 hours on the lemons and 1 with the landscaper

If a country has a comparative advantage in producing fish, then they must also have an absolute advantage in producing fish.

Group of answer choices

True

False

Linda sells an android app. Her firm’s production function is f (x1, x2) = x₁ + 2x₂ where x₁ is the amount of unskilled labor and x₂ is the amount of skilled labor that she employs.

1. Draw the isoquant at 20 units of output and another at 40 units of output.
2. Does this production function exhibit increasing, decreasing, or constant return to scale?
3. If Linda faces factor prices (w1, w2) = (1, 1), what is the cheapest way to produce 20 units of output?
4. If Linda faces factor prices (w1, w2) = (1, 3), what is the cheapest way to produce 20 units of output?

Some people argue that the only way to save rare species is to set up private game reserves to which wealthy hunters can travel. How could this help save endangered species?

Has there ever been a problem with the extinction of dogs, cats, or cattle? Why not?

How do firms in an oligopoly market structure set prices and output?