Professional Writers
We assemble our team by selectively choosing highly skilled writers, each boasting specialized knowledge in specific subject areas and a robust background in academic writing
Find The Best Nursing Paper Writers For Your Assignments
You Can order for custom written paper 24/7! by completig a form in 3 steps. Get those desired coursework assessment grades!
Posted: March 4th, 2021
Econ 256 Final
2. Why do economists generally regard median income as a better measure of a typical American’s well-being than mean income? Dfiodifaje 3. Why do the United States, and many other counties, have antitrust laws on the books? What’s so harmful about oligopoly that warrants an entire body of law? The United States and many other countries have antitrust laws on the books to protect their consumers in their different markets. Having the abilities to both raise and lower prices are the reasons that oligopolies are so harmful. . Two consumers go to the insurance company to purchase some life insurance. James is a smoker and a police officer who races motorcycles in his spare time. Kathy is a nonsmoker and a librarian who likes to make quilts in her spare time. The insurance company knows that both consumers are 40 years old, but the company has no information about occupations or hobbies. How does the private information in this situation create an adverse-selection problem? How could the insurance company lessen this problem?
Without knowing the background information on the potential clients, insurance companies are without the ability to see that while James is risking his life as a police officer, he is also a smoker and racer. He’s putting his life on the line and still increasing the risk of injuries. The insurance should have a line on their application that asks for applicants for their occupation, whether they are smokers or if they drink, and lastly what they enjoy doing in their spare time.
With having this information, the company can see what each of the individuals really needs insurance-wise. 6. Jane works part-time and earns $12,000 per year. Because she is below the poverty line, she also earns $4,000 in various welfare benefits. Suppose she is offered a new job that would pay her $15,000 and would bring her earnings high enough so that she no longer qualified for any welfare benefits. This is what is known as a “notch”. Explain what is happening with Jane and how could we modify the system to eliminate the notch.
Why choose us
You Want Quality and That’s What We Deliver
Discounted Prices
Our service is committed to delivering the finest writers at the most competitive rates, ensuring that affordability is balanced with uncompromising quality. Our pricing strategy is designed to be both fair and reasonable, standing out favorably against other writing services in the market.
AI & Plagiarism-Free
Rest assured, you'll never receive a product tainted by plagiarism or AI-generated content. Each paper is research-written by human writers, followed by a rigorous scanning process of the final draft before it's delivered to you, ensuring the content is entirely original and maintaining our unwavering commitment to providing plagiarism-free work.
How it works
When you decide to place an order with Nurscola, here is what happens: