This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The RAND Health Insurance experiment compared costs of HMOs with the costs of indemnity insurers. ... (Read 89 times)

DyllonKazuo

  • Hero Member
  • *****
  • Posts: 565
on: Jul 1, 2018
The RAND Health Insurance experiment compared costs of HMOs with the costs of indemnity insurers. The study
 a. confirmed the cost-saving potential of HMOs.
  b. Found no cost-saving by HMOs.
  c. the HMO had per capita costs that were 28 lower than the indemnity
  d. both a and c

Question 2

Suppose that at current consumption levels an individual's marginal utility of consuming an extra hot dog is 10 whereas the marginal utility of consuming an extra soft drink is 2 . Then the MRS (of soft drinks for hot dogs)that is, the number of hot dogs the individual is willing to give up to get one more soft drink is
 a. 5
  b. 2
  c. 1/2
  d. 1/5


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jadwiga9

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

d


DyllonKazuo

  • Member
  • Posts: 565
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

ultraflyy23

  • Member
  • Posts: 312
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Rutherford's gold foil experiment demonstrating that most of the volume of an atom is empty spa Rutherford's gold foil experiment demonstrating that most of the volume of an atom is empty spa
How would you rate your overall health?” The percent of adults answering “excellent” or ... How would you rate your overall health?” The percent of adults answering “excellent” or ...
Access to Health Plus Mastering Health Access to Health Plus Mastering Health
Rosenthal and Fode’s Rat Experiment Rosenthal and Fode’s Rat Experiment
The Milgram Obedience Experiment The Milgram Obedience Experiment
The Taylor–Woods–Hughes experiment The Taylor–Woods–Hughes experiment
Video: Carbohydrate digestion (brush border enzymes, end products) & Carb absorption (fructose, galactose)

For a complete list of videos, visit our video library