When there is an insurance policy, the <em>consumer</em> pays only $20.
From the complete question, the typical <em>medical</em> procedure has a cost of $100, yet a person with health insurance pays only $20 out of pocket.
If the cost of each procedure to the society is $100, and if the individuals have health insurance as described, the number of the procedures performed will be <u>greater </u>than the number that will maximize the total surplus. Also, economists often blame<u> less</u> insurance system for excessive use of medical care.
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Answer:
e. increase as the probability of a boom economy increases.
Explanation:
The most economic growth occurs when the economy is in boom state. This results in the highest rate of return on investments compared to all other states such as normal, recession. In this case, if the probability of boom economy increases, stock S will have an overall increase in expected return; it means that there is higher chance of earning 12% return which is the highest among those in other economy states. This makes choice E correct.
We can actually deduce here that when building the Complete 2nd Order Model, one can do all except: C. Create an interaction between age and each of the levels of job satisfaction.
<h3>What is Complete Second Order Model?</h3>
The complete second degree (order) model is actually known to be a polynomial model that includes the linear terms, second degree terms and the interaction term.
The options that complete the question are:
A. Create a curvilinear term for job satisfaction
B. Create an interaction between unemployment rate and age
C. Create an interaction between age and each of the levels of job satisfaction
D. Create a curvilinear term for age.
Thus, options C is the one that wouldn't be carried out in the Complete Second Order Model.
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Answer:
False.
Explanation:
The organizational environment is a set of forces and conditions that operate outside an organization's boundaries and has the potential or capability of affecting its operations, resources and performance, either fully or in parts.
Some examples of an organizational environment are competitors or rivals, government policies, regulatory agencies, suppliers, customers etc.
,digital wallet, mobile wallet, and e-wallet credit cards, debit cards, gift cards, electronic cash, tickets, and IDs. Not every wallet stores every type of payment information
I’m not sure.. hope it’s correct!
