In the RAND study, two plans had full coverage for spending within the hospital, but one had a $150 deductible for ambulatory care. The plan with the ambulatory care deductible had a lower probability of hospital admission (0.115) per year than did the plan with full coverage for everything (0.128), even though both plans fully covered hospital care.

a. Based on this result, are hospital care and ambulatory care substitutes or compliments? Do they have a positive or negative cross-price elasticity? Use the definitions of substitutes and compliments to explain how you know.

b. Considering just this result, what can we say about the impact of an ambulatory care deductible on total combined spending on ambulatory and hospital care? Please explain.

Siyeza Traders is an enterprise that sell motor vehicles in the ordinary course of business at a mark-up of 45% on cost. During the current financial period, Siyeza Traders sold eight motor vehicles for a cash price of R80 000 each (15% VAT inclusive). Round your answer off to the nearest Rand.

3. Which of the following statement is correct?
(1) VAT on cash sales will be debited to the VAT output account.
(2) VAT on cash sales will be debited to the VAT input account.
(3) VAT on cash sales will be credited to the VAT output account.
(4) VAT on cash sales will be credited to the VAT input account.
(5) VAT output account will be transferred to the debit side of the VAT control account

Discuss the measures that can be put in place to ensure that the weakening rand does not affect growth negatively.In your discussion highlight the importance of the balance of payments,policy around competition,South africas economic strategy in relation to exports and imports and a possible diversification strategy.

Use formula U=a+(b-a)*RAND( ) to obtain a sample of 25 outcomes for a game of Battleship as described in Problem 34 (The time required to play a game of Battleship is uniformly distributed between 15 and 60 minutes). Find the average and standard deviation for these 25 outcomes.

You are evaluating orders from two customers but can accept only one of the orders because of your company's limited capacity. the first order is for 100 units of a product with a contribution margin ratio of 60% and a selling price of $1,000. The second order is for 500 units of a product with a contribution margin ratio of 20% and a selling price of $800. The incremental fixed costs are the same for both orders.

Which order should you accept? Why? Support your decision with calculations.

ABC corporation has existing property and equipment that is not in use. The company is considering the use of this property and equipment. One option is to use the property and equipment to produce a new product. Estimates for demand of this product are 30,000 units annually for the first 5 years and 20,000 units annually for the following 6 years. Beyond that, the product is considered to be obsolete and production will cease. Price and variable costs would be $100 and $65, respectively. Fixed costs would be $225,000 per year.

What is the Break-even price?

Suppose the sales in the first year, R, are $100 and they grow every year at a growth rate of g = 10%. Also, suppose that the net margin is 40%. This means that earnings in the first year are going to be 0.4*100 = $40. Assuming that the discount rate, d, is 25%. What is the present value of earnings assuming that the company survives for 10 years?

A bath tub with a volume of 400 liters at first is full of 100 liters of water with a bath salt concentration of 10 grams per liter. During some time, water with a bath salt concentration of .8 grams per liter starts to stream at 4 liters per minute simultaneously a leak in the tub causes the water and bath salt mix to stream out of the bath tub at the same pace. Determine the amount of time needed for the water and bath salt mix in the bath tub to be lessen to 3 grams per liter, please show all work and explanations!

Years ago, many life insurance companies used fear tactics in their marketing campaigns. I can still remember the first time I watched one of those life insurance commercials on TV. At that time, the depiction of the husband as the primary breadwinner matched our households set up. It was eerie watching those commercials that pictured family members going about their business without the man of the house around anymore. The first couple of times that this commercial aired, I was scared about what would happen to our family if my dad was no longer around. However, as the commercial droned on over time, it seemed as if the company was preying on the fear of its customers.

How could a life insurance company market its products to consumers today in such a way that customers would continually be drawn to their product?

A husband and wife take turns pulling their child in a wagon along a horizontal sidewalk. Each exerts a constant force and pulls the wagon through the same displacement. They do the same amount of work, but the husband's pulling force is directed 58° above the horizontal, and the wife's pulling force is directed 38° above the horizontal. The husband pulls with a force whose magnitude is 71 N. What is the magnitude of the pulling force exerted by his wife?