Economics

• Please logon to your course site and complete the online quiz for this chapter.

This quiz is to be completed individually. You may refer to course materials in order to prepare your answers. However, do not discuss the questions and answers with any other person regardless of whether they are in the class or not.

A health insurance policy pays 65 percent of physical therapy cost after a $200 deductible. In contrast, an HMO charges $15 per visit for physical therapy. How much would a person save with the HMO if they had 10 physical therapy sessions costing $50 each?

|Assignment |Complete the Chapter 2 Quiz located on the Materials page of your student website. | |30 |

This is a multiple choice/short answer quiz and each item is worth 1.5 points for a total of 60 points. There is only one correct response for each numbered item, and you should use Schaefer (2012) to determine the best response. For multiple choice questions, type the letter of the correct answer next to the corresponding question number on the answer sheet. For short answer responses, type your answer next to the corresponding question number. Review your work prior to submission and make sure you have responded to all questions. Save your work and submit the Quiz Answer Sheet only to the Assignments Link.

This is a multiple choice/short answer quiz and each item is worth 1.5 points for a total of 60 points. There is only one correct response for each numbered item, and you should use Schaefer (2012) to determine the best response. For multiple choice questions, type the letter of the correct answer next to the corresponding question number on the answer sheet. For short answer responses, type your answer next to the corresponding question number. Review your work prior to submission and make sure you have responded to all questions. Save your work and submit the Quiz Answer Sheet only to the Assignments Link.

Guidelines: You may use all of the resources (e.g., textbook, other books, websites) available to you, EXCEPT FOR OTHER PEOPLE. Your work must be done individually. Any exams that appear similar in format and/or answers will be considered to have been done in a group setting. All such exams will receive a score of 0. Late exams will not be accepted for any reason. Any late exams will receive a score of 0. These policies will be strictly enforced.

Type the answers to the assignment questions below. Use complete sentences unless the question says otherwise. You will have more than one day to complete an assignment. At the end of each day, be sure to save your progress.

a) In the first set of calculations, the staff used a discount rate of 20%, a five-year time horizon, and ignored taxes and terminal value. What is the relative attractiveness of these three alternatives?

• Please type you answers into this sheet. You must submit the worksheet two ways: 1) upload the worksheet as a Word document 2) cut and paste your answers into the student response box for the assignment.

This is an individual assignment. You must work alone to complete this quiz. It is important that you complete all readings and videos prior to attempting the quiz. The completed quiz must be submitted in appropriate assignment folder by the due date and time. Please see the Syllabus > Course Schedule. This quiz is valued at 5 points (5% of course grade).

1. (10 pts.) Stella Ann Freeman is having a difficult time deciding whether or not to purchase a new car. How would understanding the concept of opportunity costs help her make a decision?

This quiz consist of 20 multiple choice questions and covers the material in chapters 1 through 4. There are five questions from each chapter. Be sure you are in the correct Chapter when you take the quiz.

Please complete each of the assignments below, by typing your responses immediately following each item. (60 total points)

Part 1: This section covers multiple choice type questions. Choose the correct answer from the possible answers provided.