Note:-Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure. QuantityPriceDemandedQuantitySupplied$02400011200300236006000900456012000150001800702100Please refer to the table shown above that depicts a third-partypayer market. What is the cost of this program to the third-party if a $1 co-pay is established?$3,600$1,200$4,800$0

Quantity demanded can be explained as the total of a commodity that is being demanded at a given…

Price Demanded Quantity Quantity Supplied $0 2400 0 1 1200 300 23 600 600 0 900 4 0 1200 Сл 5 0 1500 6 0 1800 7 0 2100 Please refer to the table shown above that depicts a third-party payer market. What is the cost of this program to the third- party if a $1 co-pay is established? $3,600 $1,200 $4,800 $0

Price Demanded Quantity Quantity Supplied $0 2400 0 1 1200 300 23 600 600 0 900 4 0 1200 Сл 5 0 1500 6 0 1800 7 0 2100 Please refer to the table shown above that depicts a third-party payer market. What is the cost of this program to the third- party if a $1 co-pay is established? $3,600 $1,200 $4,800 $0

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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e The following Markups are received at various steps along the chain of distribution for a jar of pasta sauce that sells at a retail price of $5.00. What does it cost the manufacturer to produce a jar of pasta sauce? Format: $X.XX Distribution Stage Manufacturer Distributor Wholesaler Retailer Markups 50% 50% 33% 40%
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QUESTION 9 The FitBit is a device that monitors various health and fitness activities of a person. When it was first introduced by FitBit Inc., the FitBit was the only device of its type in the market. Assume this is still the case and that the marginal cost of production is $55 per FitBit. Below is a table of potential prices that could be charged and the corresponding quantities. Price (S/FitBit) Quantity (FitBits) 160 60 145 70 130 80 115 90 100 100 What price should FitBit Inc. charge in order to maximise profit? Answer to the nearest whole number (with no decimal places or $ sign).
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Supply-Induced Demand The chart below depicts an individual's utilization of her regular physician's services, measured in number of visits. The downward - sloping purple line represents her demand for (i.e. marginal benefit of) office visits, the horizontal black line, at $130, is the market price of an office visit, the blue line, at $70, is the marginal cost the physician incurs for each visit, and the red line, at $40, is the per- visit copayment paid by the individual (she is insured). In addition, the green trapezoid, MB, represents the minimum benefit the physician must provide this individual (i.e. patient) in order to avoid losing her to an alternative provider. Suppose, instead, the increase in competition decreases the individual's information about alternative providers, so that MB decreases in size, filling the area between the demand curve and $ 40 up to 5 visits. Assuming the physician can induce demand, how many visits will the individual make?