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Explain the effect of Covic-19 pandemic in PH in their economics. Like parks, malls, and other establishments.
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- Explain the relationship of Covid-19 pandemic to the declining economy of every country.In the days when the epidemic started, the price of the mask, which is normally $ 0.25 , has climbed up to $ 8 in the market. In this period, on average, a mask found buyers in the market for $ 4.Mask supply and demand functions:Qd = a - bPQs = -c + dPQd = QsLet's assume that it is. Here you can choose the numerical values of the a, b, c, d parameters to solve the problem. When making solutions, use them parametrically. a)Using the above information, plot the supply and demand functions for the mask market. Show consumer and producer surplus values on the chart. b)If the mask price is $ 6, write the consumer and producer residual value using the integral. (calculation is not required.) c)The Ministry of Health has announced the mask price as $ 1. According to this explanation, write the residual value of the producer and consumer using Integral. (calculation is not required)How Covid-19 pandemic affected on the Turkish economy and what economic policy does in this process?
- What is the supportive explanation that shows lockdown is the best decision have been made compared to not lockdown due to Covid-19 pandemic? Is there any contigency plans for lockdown need to be placed?Analyse TWO (2) measures that have been taken by the Government ofMalaysia to support the affected economic sectors due to the pandemic.Explain the relationship of Covid-19 pandemic to the declining economy of the Philippines.
- Identify the impacts of covid 19 pandemic to the tourism industry in the National Capital Region.In today’s situation of Covid -19 Pandemic when the offline world is affected severely. Comment on the following a. Consumer behaviour with respect to online shopping of grocery items. b. Consumer behaviour with respect to online education.Is it not lockdown due to Covid-19 Pandemic is a best decision for the nation and citizen compared to lockdown? Why?
- Pisa Pizza, a seller of frozen pizza, is considering introducting a healthier version of its pizza that will be low in cholesterol and contain no trans fats. The firm expects that sales of new pizza will be $20 million per year. While many of these sales will be to new customers, Pisa Pizza estimaes that 40% will come from customers who switch to the new, healthier pizzai nstead of buying the original version. a) Assume cusotmer will spend the same amount on either version. What level of incremental sales is associated with introducing the new pizza? b) Suppose that 50% of hte cusomters who will switch from Pisa Pizza's orignial pizza to its healthier pizza will switch to another brand if Pisa PIzza does not introduce a healthier pizza. What level of incremental sales is associated with introducing the new pizza in this case?Evaluate the impact of COVID-19 pandemic on the performance of UK supermarkets. Performance should focus on the effects on price, demand and profits.[A] Suppose that a drug company has developed an ointment that can be used to treat sores and reduce scarring. Surveys indicated that the ointment, which costs $10,000 for a full course of treatment, can improve the quality of life from 0.6 to 0.7 for patients with this problem. Assume that this population has a life expectancy of 70 years. No need to worry about discounting. 1. What is the Incremental Cost-Utility Ratio (ICUR) for taking the ointment over doing nothing for a typical 20-year-old patient? [Hint: This patient has only 50 years of life remaining.] 2. If the cost-effectiveness threshold is $5,000 per QALYS, will the 20-year-old patient choose to get the ointment? What about a 60-year-old patient? [B] Is it appropriate to evaluate a healthcare intervention using various methods of economic evaluation as discussed in this course, or should we choose one primary method that best fits the analysis?