Allocative Efficiency requires production at Qe where P = MC. … Thus, monopolies don’t produce enough output to be allocatively efficient. Thus, consumers will suffer from a monopoly because it will sell a lower quantity in the market, at a higher price, than would have been the case in aRead More →
Employment Discrimination laws seek to prevent discrimination based on race, sex, sexual orientation, religion, national origin, physical disability, and age by employers. … The Fifth and Fourteenth Amendments of the United States Constitution limit the power of the federal and state governments to discriminate. What law applies to discrimination? TitleRead More →
Can it go one step further and set numerical diversity goals? The answers to both are YES — if done properly. … Inclusion goals (a/k/a targets) are legal, accepted tools for combating underrepresentation. The law grants private companies latitude in taking race, gender, and other protected traits into account. IsRead More →
The goal of preconception care is to improve pregnancy outcomes and women’s health in general through prevention of disease and management of risk factors that affect pregnancy outcome and the health of future generations. How is how used in a sentence? We often use how with verbs such as tell,Read More →
The ability to price discriminate (charge one payer more than another) depends on a hospital’s market power relative to that of each of its payers. Hospital prices are thus set through a bargaining process between hospitals and plans (Ho 2009; Moriya, Vogt, and Gaynor 2010). Can price discrimination be justified?Read More →