You are working trying to estimate the proper price to charge

You are working trying to estimate the proper price to charge a market for the firm that sells beer in Lancaster Pennsylvania. They estimated that the demand curve for the market is Quantity demanded=20-2P. The firm currently prices the good at 8 dollars. They want to move the price to 6 dollars in a attempt to increase profits.This question is worth 5 points (please show work for full credit)

1) What is the elasticity for this move in price (Use the midpoint method for elasticity) make sure you show your work? (1.5)

2) Now you are contacted by a different branch of this company that is in a lower priced (Scranton P.A.) market with the same demand curve. They want to move the price from 2 to 5 dollars. What is the elasticity of this change (Use the midpoint method)?(1.5)

3) Now suppose you find out that there is a similar product that impacts the Quantity demanded for a product. The relationship is Qd=15+Pb. Now suppose the price (Pb) of the other good is 5 and goes to 6. What is the Cross-price elasticity of the good? what type of relationship is this (complement or substitute) (2)

Healthcare reform is a constantly discussed topic in the U.S. healthcare

Healthcare reform is a constantly discussed topic in the U.S. healthcare system. Various influences, including political, societal, and real-time events (think COVID-19) all help to shape the discussion surrounding reform as it relates to the U.S. healthcare system. This link contains a tracker of all pending or introduced reform legislation currently.

Among the biggest talking points relating to the healthcare reform discussion over the past decade has been the Affordable Care Act (ACA) and whether it should remain as it is, be improved upon, or be dismantled and a new system put in its place. Review the most current attempt at modifications to the ACA in this link.

  • Do you feel that the ACA should be left alone as it is, be kept in place and improved upon, or be removed completely and a new set of legislation put in its place?
  • Discuss your reasoning for your conclusion, and why or how it can be accomplished.

Week 2 – Discuss the individual contributions

Week 2

Discuss the individual contributions that could be made by a cross-functional team to the following list of activities. Assume the team consists of engineering, manufacturing, and supply management personnel.250 words

a. Specifications Development
b. Market Analysis
c. Productivity/cost improvements
d. Make or buy analysis
e. Determination of inventory levels

Discussion – Compare microeconomics and macroeconomics

DISCUSSION QUESTIONS

1.  Compare microeconomics and macroeconomics. What are the main concerns and goals of each field? Why is it important to study? 

2. Discuss the factors that contribute to long-run economic growth. Use real-world examples to illustrate the discussion.  

3.  Discuss the pros and cons of international trade. Explain why nations trade and factors that impact trade patterns

Discussion – Health Care Costs In The United States

Health Care Costs In The United States- Discussion

Course name- Health Economics 

Include references

  • Introduce yourself to your peers by sharing something unique about your background. Explain how you expect this course will help you move forward in your current or future career.
  • Go to the Centers for Disease Control and Prevention website and review at least three to five topics listed in the Health, United StatesLinks to an external site. section. Examine the At-a-glance Table and the United States Data Finder tables to review the costs of health care in the United States. Select one table and topic related to healthcare expenditure and discuss the impact on healthcare delivery.