ANS+to+EXAM+1+-+Health+Econ,+Spring+2010

ANS+to+EXAM+1+-+Health+Econ,+Spring+2010 - a. $51,282 b....

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Department of Economics Prof. Derek DeLia Health Economics 220:316:01 Spring 2010 ANSWERS TO EXAM 1 PART I Question Answer 1 b 2 d 3 c 4 e 5 a 6 b 7 b 8 e 9 c 10 e 11 a 12 a 13 e 14 c 15 e PART II
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Unformatted text preview: a. $51,282 b. $73,077 c. $91,615 PART III a. NP = 5, W = 290 b. Not allocatively efficient. Deadweight loss = 45....
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This note was uploaded on 05/05/2010 for the course ECON 316 taught by Professor Delia during the Spring '10 term at Rutgers.

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