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Comparative Advantage and the gains from trade-Economics Questions

Comparative Advantage and the gains from trade
Please answer the following questions, following the instructions carefully.
Assume that Cuba and Venezuela face the production possibilities for oil and medical care shown in the table below:

Cuba Venezuela
Quantity of oil (millions of barrels) Quantity of Medical Care (millions of patients cared for) Quantity of oil (millions of barrels) Quantity of Medical Care (millions of patients cared for)
0 5 0 2.5
100 4 200 2
200 3 400 1.5
300 2 600 1
400 1 800 0.5
500 0 1000 0

 

  1. What is the opportunity cost of caring for a patient in Cuba?  In Venezuela?  What is the opportunity cost of a barrel of oil in Cuba? In Venezuela?
  2. Which country has the comparative advantage in producing oil? In medical care?
  3. Suppose that in autarky, Cuba produces 200 million barrels of oil and cared for 3 million patients[1]; and that Venezuela produces 600 million barrels of oil and cared for 1 million patients.  Without trade, can Cuba produce more oil and more healthcare?  Can Venezuela?

For questions 4-6, lets assume that each country specializes in the product in which it has the comparative advantage, and the two countries trade.

  1. What is the total quantity of oil produced by both countries together? How many patients are treated by both countries together?
  2. Is it possible for Cuba to consume 500 million barrels of oil and to treat 3 million patients, while Venezuela consumes 500 million barrels of oil and treats 2 million patients?
  3. If the above consumption levels were possible, how much oil and healthcare would each country have to export or import? Do you think the citizens of these countries would be happier in the situation described in question 5 or the situation described in question 3?  Why?
  4. In reality, trading medical care for oil has been a very important part of economic policy in both countries this century, with Venezuela exporting oil to Cuba, and Cuba exporting medical care to Venezuela. Fill in the blanks on the following statement:  “Through the lens of the model studied in class, this suggest that the autarky price of oil in Venezuela is ____________ (below/above) the world price of oil, while the autarky price of medical care in Cuba is ____________ (below/above) the world price of medical care.”
  5. For the next exercise, we will assume, as the textbook does, less than complete specialization in oil and medical care. Draw four neatly labeled graphs. One should depict the supply and demand of oil in Cuba, with and without trade. Be sure to label the autarky price and quantity, the world price, the level of production with trade, the level of consumption with trade and imports/exports. The next three graphs should do the same for medical care in Cuba, for oil in Venezuela, and for medical care in Venezuela.
  6. Do Cuban oil consumers benefit from the oil trade? How about Cuba oil producers? How about would-be Cuban patients? Cuban medical care providers?

 
 

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Discussion Question: Explain 3 common interventions to improve communication and trust

Books Required Group Dynamics and Team Interventions: Understanding and Improving Team Performance Author: Timothy M. Franz ISBN: 978-1405186773 Publisher: Wiley-Blackwell, (2012)
Reading Assignment: Chapters 6 – 8 in your Textbook
1. Discussion Question: Explain 3 common interventions to improve communication and trust. (refer to your textbook, chap 6).
white a paper using APA format

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Patient Safety Culture And Health Care Ethics

Go to the Ashford University Library on the left menu panel of the online classroom. Search and select two scholarly and/or peer-reviewed articles within the scope of patient safety culture and/or health care ethics.   After reading both articles and reviewing “Steps to Writing a Summary”Preview the document, summarize each article in one to two pages.    Your paper must be two to four pages in length, with one to two pages for each article, excluding title page and reference pages.  Your paper must be formatted according to the guidelines as stated in the Ashford Writing Center (Links to an external site.)Links to an external site..  Utilize two scholarly and/or peer-reviewed articles that were published within the last five years.  Document all references in APA style as outlined in the Ashford Writing Center APA Checklist (Links to an external site.)Links to an external site..

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Benefits and Compensation plan and its communication

PLO WC (Written Communication) Constructs written communications that clearly articulates and promotes business ideas, arguments, or solutions.
PLO CT (Critical Thinking) Creates innovative approaches and solutions to existing or emerging challenges in human resources by developing processes and procedures that cover functional areas for managing human capital
The objective of this assignment is to ensure you are clearly and accurately defining and explaining the concepts and theories, plus identifying relationships which enable your business solution’s acceptance and implementation. You will accurately demonstrate this through understanding of context; using compelling content and skillful use of language; and based on high- quality, credible, relevant sources to skillfully communicate meaning with clarity and fluency. Remember, be sure the team’s work utilizes directions or instructions or guidelines that are clear, and makes the content cohesive.
Your company’s compensation targets meeting the market, and you also provide a full range of traditional benefits, medical, dental, vision, etc. You are hearing increasing complaints from your employees that the benefits and compensation are not addressing the growing problem of reduced motivational incentive for the changing workforce and market. At the same time, costs are rapidly increasing.
As the HR Vice President you have been tasked with ensuring the current benefits and compensation plans are comparable to an organization that is similar to your current organization or a competitor.  The issue seems to be really one of total compensation. How will you ensure the workforce is receiving the appropriate benefits and compensation?
The HR VP has tasked you, the Benefits Manager, and your peer the Compensation Manager, to ensure the plans are internally and externally equitable; organizationally appropriate, and sufficiently detailed.
Draft a benefits and compensation plan for your organization. Ensure you have captured your types of employees and the packages that correspond with the employee needs, expectations and market. Keep in mind that benefits can be intangible, such as work life balance policies, which you may want to include.  (Reminder that you are expecting major changes in the organization which will probably substantially change your organization’s demographics and requirements.)
Provide a 3-4 page (APA Format) written paper that outlines your Benefits and Compensation plan and its communication. In conclusion, describe how you developed your solution and why it is the most appropriate of your choices.

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Anatomy & Physiology Discussion Response-Familial Hypercholesterolemia is a genetic disease which is defined as an individual having high levels of the bad types of cholesterol in their cardiovascular system

Please respond to the below post.
Familial Hypercholesterolemia is a genetic disease which is defined as an individual having high levels of the bad types of cholesterol in their cardiovascular system. The term genetic disease means that the disease is passed down from parents to offspring, and I feel that it is a horrible disease. Through no fault of any party involved, the individual must suffer a disease that can hamper their overall health, lifestyle, and life span. Though the disease is genetic, traditional cholesterol treatments are effective though at a lower effectiveness. The disease can lead to other types of cardiovascular disease, such as coronary artery disease which is a cause of heart attacks.  The disease has a high level of undiagnosed individuals, mainly because the disease has very few obvious symptoms, and I feel that is dangerous. I think screening for cholesterol should be encouraged more in society and I think individuals should work more towards getting tested for such diseases. Especially with the dangerous risks this disease has when paired with other cardiovascular issues. I hope that more of society and the population as a whole talks such diseases like this seriously and I hope better and more effective treatments are found and perfected soon.

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Assignment 2: Strategic Innovation- Discuss the different strategies associated with incremental change  and radical change.

  • Assignment 2: Strategic Innovation
    Write a two to three (2-3) page paper in which you:
  1. Discuss the different strategies associated with incremental change  and radical change. Provide one (1) example where incremental change is a  better solution and one (1) example where radical change should be  considered.
  2. Describe at least two (2) attributes of push and pull innovation.  Next, create a scenario where push or pull innovation would provide a  competitive advantage and provide two (2) outcomes that would support  your chosen strategy.
  3. Discuss at least three (3) reasons why you believe that  entrepreneurs should follow an innovation strategy then describe a  framework or strategy for identifying the right solution.
  4. Use at least two (2) external sources.
  5. Your assignment must follow these formatting requirements:
  • Be typed, double spaced, using Times New Roman font (size 12), with  one-inch margins on all sides; citations and references must follow APA  or school-specific format. Check with your professor for any additional  instructions.
  • Include a cover page containing the title of the assignment, the  student’s name, the professor’s name, the course title, and the date.  The cover page and the reference page are not included in the required  assignment page length.
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How does the Veterans Health Administration's philosophy of care differ from private health care in regards to rationing health care, discretionary medical procedures, integrated health care of the payor, and plan and provider under the same structure?

write a 260- to 350-word response to the following questions

Cite at least 2 peer-reviewed, scholarly, or similar references.
Format your citations according to APA guidelines with conclusion.

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Employee theft is a major problem in the U.S. retail industry. Information obtained from SecurityInfoWatch reported that twenty three (23) major retailers alone apprehended over 1.1 million shoplifters and dishonest employees, and recovered more than $189 million from these thieves in 2012.

DETAILED AS FOLLOWS PLEASE AND THANK YOU.

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IT Offshoring Is A Very Controversial Issue Because It Shifts Jobs To Other Countries. At The Same Time, It Has The Potential To Decrease The Organization’s Costs Significantly. 2) Whether Offshoring Is Good Or Bad For The People Of Affected Countries

 
IT Offshoring Is A Very Controversial Issue Because It Shifts Jobs To Other Countries. At The Same Time, It Has The Potential To Decrease The Organization’s Costs Significantly. 2) Whether Offshoring Is Good Or Bad For The People Of Affected CountriesFormat for question –
Introduction Paragraph 12-15 lines, Body 2 – 3 paragraphs 12-15 lines, Summary/Conclusion restates the main points 12-15 lines.
Finally each question should include a APA formatted atleast 2 reference list for each question and no copy paste.

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Write a summary of the article that addresses the following variables: Summarize the industrial hygiene sampling procedures that were used in the study to evaluate a chemical hazard

Unit V Article Review In the Health and Medical Collection database within the CSU Online Library, locate and read the following article: Swierczynska-Machura, D., Brzeznicki, S., Nowakowska-Swirta, E., Walusiak-Skorupa, J., Wittczak, T., Dudek, W., . . . Palczynski, C. (2015). Occupational exposure to diisocyanates in polyurethane foam factory workers. International Journal of Occupational Medicine and Environmental Health, 28(6), 985-998. Write a summary of the article that addresses the following variables: Summarize the industrial hygiene sampling procedures that were used in the study to evaluate a chemical hazard. Explain the results of each of the sampling procedures used, how those results were used to evaluate occupational exposures, and the potential health effects of chemical hazards. Provide your opinion as to which of the sampling procedures used in the study provided the most accurate and precise information about the occupational exposures of the workers and potential health effects. Explain why you chose one particular sampling procedure over the others. You should use the textbook and resources from the CSU Online Library to obtain information for this assignment. Your article review must be a minimum of three pages in length, not counting the title page and reference page. Use APA style when writing the paper, making certain to include in-text citations and references.