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- . The health authorities are considering the treatmentalternatives for three types of diseases: heart disease,cancer, and infectious disease. Each year there are10,000 new cases of heart disease, 10,000 new casesof cancer, and 5,000 new cases of infectious disease.For each diagnosis, there are a number of mutuallyindependent treatment alternatives (including notreatment) as shown in the following table. a. Identify all dominant treatment alternatives.Explain why each is dominant.b. Calculate the incremental cost, incrementalQALYs, and ICERs for all economicallyrational strategies (ICER 5 incremental cost/incremental QALYs). Why are these consideredeconomically rational?c. Using separate graphs for heart disease, cancer,and infectious disease, show the alternativetreatment options, label the dominant options,and show the economically feasible alternatives.(Place QALYs on the vertical axis and cost pertreatment on the horizontal axis.)d. The local health district has asked your opinion…Lesedi General Dealer has been the sole supermarket in Otse.Recently ,two strong competitors (Choppies and Spar) have set up shop in different locations within the village.Given the slow growth as a result of the Covid pandemic ,determine an appropriate grand strategy and justify its selectionNo answer from chat GPT will dislike. Hand written solutions are strictly prohibited.
- Question Management of AG Travel and Tour has identified two groups of individuals thatwould be interested in the vacation package consisting of room and board and/orentertainment. The maximum amount that group 1 is willing to pay for room andboard is GHC 2500 and for entertainment is GHC 500. For group 2, the maximumamount they are willing to pay for room and board is GHC 1800 and forentertainment is GHC 750. Although AG Travel and Tour is not able to identifymembers of either group, it does know that each group values the components ofthe package differently. Assuming there are an equal number of members in eachgroup and that the total membership in each group is a single individual. If themarginal cost of providing the service (room and board and/or entertainment) toeach group is GHC 1000. i. How much will the hotel charge members of each group for the vacationpackage if it could identify the members in each group?ii. How much will the profit for AG Travel and Tour be? iii. Since AG…Consider a small town with two competing restaurants: Doug’s Diner and Betty’s Bistro. There is 1000profit to be made in the market. Each period, the restaurants simultaneously decide whether to offer high orlow quality food. In order to offer high quality food, each restaurant must hire an expert chef, which incursan additional cost of 100. The restaurants split the profit equally if they offer the same quality of food. Ifone restaurant offers high quality food while the other offers low quality food, the high quality restauranttakes four fifths of the profit and the low quality restaurant takes one fifth of the profit.(a) Draw up the normal form game matrix, showing the players, strategies, and payoffs.(b) Determine the Nash equilibrium of this game.(c) Explain how the restaurant owners could both be better off than in the Nash equilibrium if they wereable to cooperate. Is the town as a whole better off or worse off when the firms cooperate? Why or whynot1.4. Suppose you are against one of two alternatives but 90% of theelectorate disagrees with your position and favors that option. Is there avoting method that is anonymous, neutral, and monotone that preventsthat option from being selected as the winning alternative?
- Jan wants to buy a house, but her friend Kan is a much tougher negotiator. They devise a plan where Kan will tell the seller of the house that she is Jan’s agent and will make all the decisions with respect to any purchase of the house. They also agree that Kan actually will have no such authority and that Jan is the only one who will make any decisions relating to purchasing the house. They meet with the seller, and Kan says that she is Jan’s agent while Jan says nothing. Has an agency been created? Discuss in details the pros and cons of this case.True/False/Uncertain Suppose there is a reallocation from state R to state Q. The Scitovsky paradox of: “Q is socially desirable to R (there is a Pareto improvement of reallocation from R to Q) and simultaneously reallocation of Q to R is also a Pareto improvement” can be avoided (i.e. we can unambiguously state that Q is preferred to R) if the gainers of the movement from R to Q could compensate the losers and still remain better off and the losers cannot bribe the gainers to forego the reallocation from R to Q.Actual authority is the authoritya partner appears to have to third parties external to the partnership.O. TrueO. False
- A researcher studying the effects of a new fertilizer on crop yields plansto carry out an experiment in which different amounts of the fertilizerare applied to 100 different 1-acre parcels of land. There will be fourtreatment levels. Treatment level 1 is no fertilizer, treatment level 2 is50% of the manufacturer’s recommended amount of fertilizer, treatmentlevel 3 is 100%, and treatment level 4 is 150%. The researcher plans toapply treatment level 1 to the first 25 parcels of land, treatment level 2to the second 25 parcels, and so forth. Can you suggest a better way toassign treatment levels? Why is your proposal better than the researcher’smethod?S Pte Ltd (“SPL”) is a country incorporated and tax resident in Country S. It has developed a social audio platform whereby the users can connect with other users from different parts of the world via audio chat. SPL believes that social audio feature will be the next game changer in the internet space, especially when a lot of countries are still in lock-down mode and human-to-human connection becomes a huge concern during Pandemic.The social audio platform is getting more popular in Asia and SPL is keen to explore the possibility of setting up a Headquarter company in Singapore with operating subsidiaries in Malaysia, Thailand, Japan and Hong Kong. Required: Assuming SPL is interested in applying for tax incentives in Singapore, illustrate the two (2) relevant tax incentives SPL can consider based on the information stated above, and discuss any additional conditions SPL should be aware of.The Inter-Agency Task Force (IATF) for CoViD-19 is composed of Metro Manila Mayors, Cabinet (Executive Branch) members, and representatives of the academe and medical profession. With the latest upsurge of infection cases, the IATF is deciding on the next quarantine protocol. The table below shows the results of the votation (rankings) on three proposed quarantine measures. Proposal MM Mayors Cabinet Academe/Medical Professionals ECQ (Enhanced) 1 3 3 GCQ (General) 3 1 2 TCQ (Targeted) 2 2 1 Total voters 15 12 9 Which proposal wins by majority rule?
