Chapter 14, Problem 14PAE

How do I use the information given to solve for the answers in this problem?

Can employees, managers, and executives have too much information?

What does education premium refer to? a.The studying effort that students put in while studying b.The tuition that students pay for their education c.The taxes students’ parents pay d.The additional income earned as a result of additional education

Read the following article and then answer the questions that follow: Without question, the most important positive action you can take to prevent illness and disease is exercise. Exercise prevents a long list of diseases that can cause chronic or severe illness, disability, and even death, including cancer, heart disease, stroke, high blood pressure, vascular disease, diabetes, obesity, and osteoporosis. Exercise also prevents mental health illness and disease disorders, including depression, anxiety, and stress. While some of these disease processes can be reversed with exercise and healthy life-style, some cannot. Preventing them from starting is the number one goal. The most negative lifestyle behaviour is smoking. Smoking contributes to the development of almost all diseases, notably cancer, heart disease, high blood pressure, high cholesterol, diabetes, and asthma. Smoking has the following negative health effects: lowers immunity, making you more likely to get bronchitis,…

Three qualities of second-hand bicycles are available in equal numbers: high, medium, and low. There are many buyers and sellers, who value each quality of the bike differently. The value that each agent assigns to each quality of the bike is given below. Quality    High Medium Low Buyer’s value 100 (high), 65 (medium), 30 (low) Seller’s value 75 (high), 60(medium) , 45 (low)   Now assume that the sellers can offer a reimbursement of 50 to the buyer, payable if the bicycle breaks down. Bikes of high quality never fail; those of low quality always fail; those of medium quality fail 50% of the time. (iii) Suppose that all owners of high and low quality bikes offer reimbursement but owners of low quality bikes do not. Moreover, assume this to be common knowledge. Show that this is an equilibrium if the price satisfies 85 < p < 95. That is, show that none of the sellers is willing to change their behaviour, given actions of others. Is the resulting outcome socially optimal?…

Buying and selling textbooks are two separate decisions made at the margin. Textbooks create value both when they are bought and when they are sold. Think about your decision to buy the textbook for this course. You paid $225 for the book, but you would have been willing to pay $400 to use the book for the semester. Suppose that at the end of the semester you could keep your textbook or sell it back to the bookstore. Once you have completed the course, the book is worth only $90 to you. The bookstore will pay you 50% of the original $225. How much total value have you gained? $

Question 8 When the Chinese firm "eZubao" went bankrupt in 2016 it was called a "Ponzi scheme." It specialized in: 1 Peer-to-peer lending. 2 Health-Fitness studios. 3 Multi-level marketing of consumer products. 4 Underwriting of new security offerings of high-technology firms.

Brain drain- good or bad. Explain. 3-5 paragraphs

In September 2020, Ms. Sarah arranged health insurance. In 2021, Ms. Sarah made a claim for the costs of an MRI and a cortisone injection, because she had a cyst on the left side of her spine. The insurer requested Sarah's medical notes and found she hadn’t disclosed 2 previous spinal injuries from 2013 and 2016. Ms. Sarah didn't inform her insurance company the full details of her medical history and she said that she wasn't aware that she has to disclose her health situation to the insurance company. Therefore, she Made a claim to her insurance company to cover these bills. Required: Determine whether she can claim the hospital expenses under her insurance policy? And justify your answer with reasonable justifications?