ECON 157 Study Guide - Midterm Guide: Bombardier Dash 8, Copayment, Co-Insurance

42 views11 pages
10 Jun 2019
School
Department
Course
Professor

Document Summary

C fullinsurance d2 mco d partialinsurance ds 50t coinsurance demandrotatyin. D2 yo a pl 20 q q wopp. Noinjurance paysfulloutofpocket q 100 20 30 fullinsurance paysooop q too 0 100. Copayment pays 25 o q too 25 75. Q 100 k xpl ooo ay q400 x. Pl x d i q 400 pc x x g pl doo q1 q 100 yxp. I8 jobspecifichumancapital a mpe mpn old new wageinacompetitivemarketneedytoequaltheincomeplugthelackofinsurance w mpn. Robugtworkergwouldbepaid wr mpn vrjsickemployeeswouldbepaid wg mpn vgif theirhealth couldbeobserved iftheirhealthcan"tbeobservedthentheirrejpectivewageswouldhavetobe exactlyequivalenttotheirmarginalproduct: ifworkerscouldnotbedifferentiatedtheywouldbegivenawagethatpoolgtogetherdifferent. I g vr wagewillbe w mpn ovs sickandrobustworkers their. Allemployeesarepaidequallyfortheirhealthinsurance d robustexperienced wonaryget mpears ci g vr plugvr nowemployers getwagesofmpn andnohealthinsurance individuals valuehealthcoverage atvr andswitchit. C npv eftin to ophthalmologist 0. 95c5 0. 950 0. 9540 t0. 95427 o i z. 15. 26 theywouldpreferbeinganophthalmologistdue tohighernpr d iftheirpforacareerisgreaterthantheiratethenthecaretigpicted irrfor opthamologift 5t. It 8 lot 8312 21 8 3 g24 g35 r 0. 172. Npvsotheirr ofbecoming ophthalmologistoverran accountant is17. 21 r a cardiacgurgeon 1clo.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers

Related Documents