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7.
Critically evaluate the following statement: Health is a public good?
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- How important is the deterioration of social system in contributing to the healthcare spending crisis? Example?7) The graph below depicts the social loss from the existence of health insurance in the presence of moral hazard. Price Demand curve with partial coinsurance Quantity a. What is the cause of the social loss? Briefly explain. b. Why do we have health insurance if social loss is created as a result of health insurance? ( Social loss5. Candace was eating French fries and talking on the phone as she sped through traffic on the way to an important meeting. When a delivery driver was slow to pull off from the stop light, Candace, who'd taken her eyes off the road to grab a few more fries, slammed into the back of his car. Which of the following could be used to characterize Candace's contribution to this accident? (Circle all that apply) a. Physical hazard b. Moral hazard Morale haard or Atitude Attitudinal (Morale) hazard (Slate of Nind d. Legal hazard-Semathing LeaGl happens ond rquire in suners с. to indde Covérage.
- 43. A city currently emits 16 million gallons (MG) of raw sewage into a lake that is beside the city. Table 12.13 shows the total costs (TC) in thousands of dollars of cleaning up the sewage to different levels, together with the total benefits (TB) of doing so. Benefits include environmental, recreational, health, and industrial benefits. TC TB 16 MG Current Current 12 MG 50 800 8 MG 150 1300 4 MG 500 1850 O MG 1200 2000 Table 12.13 a. Using the information in Table 12.13 calculate the marginal costs and marginal benefits of reducing sewage emissions for this city. b. What is the optimal level of sewage for this city? How can you tell?In one thinks in terms of marginal costs vs. marginal benefit why should we not double the government's expenditure on medical careExplain two ways in which a consumer could be described as vulnerable. What factors might make a person vulnerable in each sense? What are the ethics of marketing to the vulnerable? What are the three pillars of sustainability? What is the difference between consumer desires and citizen beliefs? How is this distinction relevant to business’s environmental responsibility?
- 5 a.) Draw a market where consumers demand health insurance and insurance companies supply insurance at a price of insurance called the premium. Explain why, in this model of the insurance market, the individual mandate will cause health insurance premiums to increase.1. What are the four pillars of Moral Education in teaching and learning? What are the benefits of morality? How are moral values helpful to develop a better community? Justify with reasoning by highlighting9. Consider the following hypothetical three-stage screening test for a cancer with the following rates of detection and costs: Stage 2 3 Number of Cases Detected 100 110 125 135 Total $150,000 $180,000 $250.000 $310.000 A. Calculate the average cost per cancer detected in the three stages. B. Calculate the marginal cost per cancer detected in the three stages. C. Suppose that the marginal benefit per treated case is $4,600 per person. What would be the optimal screening, given the costs?
- Plz all parts For each Global Public Health Organizations below, I need 2 examples of how they are addressing or could address issues related to the coronavirus pandemic. As well as note their limitations in the roles that you identify. 1. World Health Organization 2. Other UN agencies with focused agenda 3. International financing organizations 4. Bilateral governmental aid organizationsA corrective tax on pollution O a. sets the quantity of pollution. b. determines the demand for pollution rights. c. reduces the incentive for technological Innovations to further reduce pollution. d. sets the price of pollution. Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.18. Which of the following best describes the major problems of health care in the U.S? O Poor results - U.S. lifespan is among the lowest of the high-income countries while infant mortality is among the highest. Both high costs and poor results in terms of life span and infant mortality. Lack of choice - there is only one U.S. health insurer, which is a regulated monopoly. High costs - the U.S. spends more on health care than any other country.
