How can the USA compete in a free market example china average blue collar worker makes 4.500 and the US average is 35.000 a year how can you make the same product and compete against slave wage country's.The USA average tax or tariffs is around 3% on imports while china tax us at up to 285% on imports. both wage average are in Dollars

2.A right-turn lane is installed at an intersection at a cost of $450,000. With this new turning

lane, each vehicle going through the intersection is expected to save an average of $0.01 due to

time savings and reduced accidents costs. The expected traffic for the new lane is estimated at

12,000 vehicles per day -- every day of the year. How many years will it take for the savings to

amortize (i.e. pay off) the cost of the improvement? The interest rate is 6%. (Note that the

amortization costs are the equivalent annual costs necessary to repay the loan.)

3.Your marketing department estimates that Medicare urology visits equal 5 - (1.0 x c) + (-6.5 x To) + (5 x Tr) + (0.01 x Y). Here, C denotes the Medicare co payment (now $20), To is waiting time in your clinic (now 30 minutes), Tr is waiting time in your competitors clinic (now 40 minutes), and Y is per capita income (now $40,000).

How many visits do you anticipate?

Medicare's allowed fee is $120. What revenue do you anticipate?

What might change your forecast of visits and revenue?

4.How could decreasing the sales taxes percentages from 6% to 5.5% in Fl actually increase the total dollar amount of sales taxes generated in the states?

5.earning is $120 a day. She spent $750 out of pocket at a 5 day vacation this expense could earn 5% interest payment on her mutual funds account. The real cost of her vacation is?

6.Sweetwater nursing home has 150 beds. Its cost and volume data are as follows. Calculate its average and marginal costs for volumes ranging from 100-140. What patterns do you see?

ResidentsCosts

80$10,000

100$11,000

120$12,000

140$13,000

7.A 19% chance that you will have healthcare bills of $10,000, a 60% chance that you will have healthcare bills of $500 and a 20% chance that you will have healthcare bills of $0. what is your expected healthcare spending?

8.four earn $100 and one loses $100. What is the expected payoff? What is the variance of the payoff?

9.An insurer's allowed fee is 80 percent of charges. Its beneficiaries pay 25 percent of the allowed fee. How much does the insurer pay? how much does the beneficiary pay?

If the radiology firm raised it's charge to $3,000, how much would the insurer pay? and how much would the beneficiary pay?

10.US national health expenditure was $7,026 per person in 2006 and $4,790 in 2000

The consumer price index had a value of 201.6 in 2006 and a value of 172.2 in 2000. Adjusted for inflation, how much was spending in 2000?