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JulsSmile [24]
3 years ago
9

In the US, public insurers such as Medicare are forbidden by law from applying formal health technology assessments - and in par

ticular, cost-effectiveness analyses - in deciding whether to cover new health technologies, no matter how expensive. By contrast, in Beveridge countries, centralized health technology assessment is required before the public health care system will cover expensive new technologies. What is the nature of the social costs associated with covering a new technology in a Beveridge public healthcare system? What is the nature of the social costs associated with not covering a new technology in such a system? What economic problem does centralized health technology assessment partially address?
Business
1 answer:
Andrew [12]3 years ago
7 0

Answer:

A.

1. It is usually expensive

2. New products are developed to treat diseases and medical conditions affecting humans.

3. It involves lost of training and retraining of medical technologist or health workers

B

1. It affects the health of the citizens. e.g increase in mortality rate, spread of diseases and infections

2. It reduces the economic strength of a nation/community

3. Reduces productivity at work and environment. This is because workers are not giving there best because of health challenges and failed health system

c.

HTA studies the social, medical,  ethical and economic. implications of the health technology. It addresses the issues of human productivity by evaluating the impact of health technology.

Explanation:

What is the nature of the social costs associated with covering a new technology in a Beveridge public healthcare system?

1. It is usually expensive

2. New products are developed to treat diseases and medical conditions affecting humans.

3. It involves lost of training and retraining of medical technologist or health workers

What is the nature of the social costs associated with not covering a new technology in such a system?

1. It affects the health of the citizens. e.g increase in mortality rate, spread of diseases and infections

2. It reduces the economic strength of a nation/community

3. Reduces productivity at work and environment. This is because workers are not giving there best because of health challenges and failed health system

What economic problem does centralized health technology assessment partially address?

HTA studies the social, medical,  ethical and economic. implications of the health technology. It addresses the issues of human productivity by evaluating the impact of health technology.

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Rios Co. makes drones and uses the variable cost approach in setting product prices. Its costs for producing 30,000 units follow
AnnyKZ [126]

Answer:

1. Variable cost per unit   = $150

2. Markup percentage     = 34.89%

3. Selling price                 = $202.33

Explanation:

Variable cost per unit = 70+40+25+15= $150

Fixed cost   =  670,000+ 305,000 +285,000= $1,260,000

Fixed cost per unit  =    1,260,000/30,000= $42

Profit per unit   =        <u>Targeted profit</u>

                               Targeted production unit

                          = <u>$310,000 </u>   =$10.33

                                30,000

Markup percenge =     <u>Fixed cost per unit + profit per unit</u>

                                          Variable cost per unit

                                =<u>$42+ $10.33</u>    =    <u>52.33 </u>* <u>100</u>   = 34.89%

                                       $150                   $150      1

Selling Price        =  Variable cost per unit + markup

                            =  $150+$42+$10.33

                             = $202.33

Variable cost-plus pricing is calculated by  determining variable costs per unit and adding mark-up which will cover fixed costs per unit and generate a targeted profit margin.

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3 years ago
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Use the information below to answer the following questions. Currency per U.S. $ Australia dollar 1.2377 6-months forward 1.2356
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Answer:

Missing word <em>"a. What must the six-month risk-free rate be in Japan"</em>

<em />

a. Spot rate = 1 US $ = 1.2377 Aus.dollar

Forward rate = 1 US $ = 1.2356 Aus.dollar

<u>1.2356</u> = <u>(1 + i Ad)</u>

1.2377     (1 + 0.05)

0.9983 * (1.05) = 1 + i.Ad

1.048215 = 1 + i.Ad

i.Ad = 1.048215 - 1

i.Ad = 0.048215

i.Ad = 4.82%

b. Spot rate = 1 US $ = 100.3300 Japan Yen

Forward rate = 1 US $ = 100.0500 Japan Yen

<u>100.0500</u> = <u>(1 + i Ad)</u>

100.3300     (1 + 0.05)

0.9972 * (1.05) = 1 + i.Ad

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4 0
2 years ago
You are a U.S.-based treasurer with $1,000,000 to invest. The dollar-euro exchange rate is quoted as $1.50 = €1.00 and the dolla
Verdich [7]

Answer:

The correct answer is (B) Buy euro at $1.50/€, buy £ at €1.25/£, sell £ at $2/£

Explanation:

The dollar- euro exchange rate is quoted as $1.50 = €1.00

the dollar-pound exchange rate is quoted at $2.00 = £1.00

To calculate the actual cross rate we use; S(euro divided by pounds) =  S(dollar/pounds) ÷ S(dollar/euro).

Using symbols to denote this, we have S(€/£) = S($/£) / S($/€)

S(€/£) = S(2/1) ÷ S(1.50/1)

= (2 / 1.5)

= €1.33.

Consequently, from this result we now know that the euro is undervalued with respect to pounds under the cross rate being offered by the bank. This implies that you should first buy the euro, convert to pounds, and eventually convert back to dollars, this would enable you make money as an investor.

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3 years ago
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7650 would be the ansawer 

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3 years ago
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Last year, a toy manufacturer introduced a new toy truck that was a huge success. The company invested $2.50 million in a plasti
aev [14]

Answer:

P= 18

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100,000= 2800000/(P - 10)

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100000*P - 1,000,000= 2,800,000

100000P=1,800,000

P= 18

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3 years ago
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