TEST 1 DUE TONIGHT

Test One is worth 15 points.  Each of the three questions below is worth 5 points.  You need to answer all 3 questions.  It is expected that it would take you at least one single-spaced typed page to answer a question.  (Assuming one-inch margins and 12 pt font.)  All answers must be in one Word file.  Handwritten work scanned into a Word document is not acceptable.  Please be sure to provide citations for your sources.  If you have not read the Rubric for Grading and Directions for Submitting Tests please do so.  They are just above this test.  

If you have technical difficulties uploading your file to this test, please contact the Open SUNY Helpdesk.  I will accept work up to 48 hours late.  If on the test due date, September 27, you are working later than the Helpdesk is open and have a problem, do not panic.  Just contact the Open SUNY Helpdesk the next day for assistance in uploading your file. I will accept Test One up until September 29.  If you use up the 48 hour grace period in writing the exam and then cannot get it to load or have some other issue, I am sorry but you will have a 0 on test one.  It is up to you to submit the correct file in the correct format to this exam.  Your file has to be a .doc or .docx file.  You can go in and view what you submitted to be sure it went through and you submitted the file you wanted to.  

Please remember that the penalty for any violation of the SUNY Canton Academic Integrity Policy will result in an F for you in the course.  If you need to review the Academic Integrity Policy, it is available on the college’s website.  I strongly encourage you to do so.  Ignorance will not be a defense if you violate the policy.  By submitting your answers to this test you are acknowledging that you were made aware of the Academic Integrity Policy, advised to review it and understand the penalty for a violation in this course.  In addition, please remember the course policy (located on the syllabus) concerning the use of quotes.  A series of quotes does does not make for a well written answer.  Quotes should only be used if the exact phrasing of the author is required in your answer.  For answers on this exam, the exact wording of an author is not needed.  The misuse or over use of quotes will significantly reduce your grade.
Once you have written your answers to this exam and have them saved all in one Word .doc or .docx file, to upload the test you will need to come back to this area and click on the T1 that is above.  Test One is due at 11:59 p.m. EST on September 27, 2019.  With the 48 grace period, I will accept Test One up until 11:59 p.m. EST on September 29, 2019.  Please do not wait until the last minute to work on and submit the test.  

Question 1 
There are four major methods of economic evaluation used in health care decision making.  The four methods are cost of illness studies, cost-benefit analysis, cost-utility analysis and cost-effectiveness analysis.  Please note that your textbook treats cost-utility analysis as a special form of cost-effectiveness analysis.  You have been assigned to evaluate a new diabetes medication.  Write an essay in which you address the following four questions.
Which of the four types of economic evaluation would you use to perform your evaluation? 
What advantages does the type of evaluation you selected have over the other three for this study? 
What are some of the disadvantages or limitations of the evaluation you selected?   
What information would you need to gather to perform your evaluation? 

Question 2 
Answer the following true/false questions by stating if the statement is true or false and by providing an explanation for the answer you gave.  Your explanation should be detailed enough so that it establishes not only is your answer correct but that the opposite answer would be incorrect.   All points for the true/false questions will be given for the explanation.
A. Lowering the legal age to purchase products would increase the supply of cigarettes.  (T or F)
B. Increasing the price of cigarettes would decrease the quantity demanded.  (T or F)
C. If a new excise tax of fifty cents is levied on suppliers of packs of cigarettes, consumers will end up paying fifty cents more per pack.  (Assume an upward sloping supply curve and a downward sloping demand curve.  T or F)
Refer to the table below to answer the following questions.
Price $
Quantity Demanded Packs
Quantity Supplied Packs
1
80
5
5
60
60
10
40
100
15
18
170
20
0
350
D.  A surplus of 60 packs would exist at a price of $10.00.  (T or F)
E.  A price ceiling of $15.00 would cause a shortage of cigarettes.  (T or F)
Question 3
Demand studies in health care have provided estimates of both income and price elasticity.  Estimates of income elasticity are usually above +1.0.  Estimates of price elasticity typically range between -0.1 and -.75 (with hospital services at the lower end and elective services at the upper end).  Write an essay in which you discuss what information these estimates convey and what the significances of these estimates are to policymakers? 

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with MyhomeworkGeeks
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Business and administrative studies
Thanks
Customer 452773, March 3rd, 2023
Business and administrative studies
looks good thank you
Customer 452773, March 3rd, 2023
Business and administrative studies
Thank you
Customer 452773, March 19th, 2023
Management
Thank you!!! I received my order in record timing.
Customer 452551, February 9th, 2021
History
Don't really see any of sources I provided, but elsewise its great, thank you!
Customer 452697, May 8th, 2021
10th grade English
very good
Customer 452773, March 26th, 2023
Nursing
I just need some minor alterations. Thanks.
Customer 452547, February 10th, 2021
Criminal Justice
This has been the greatest help while I am recovering from an illness. Thank your team so much.
Customer 452671, May 2nd, 2021
English 101
IThank you
Customer 452631, April 6th, 2021
BUSINESS LAW
excellent job made a 93
Customer 452773, March 22nd, 2023
Business and administrative studies
excellent work
Customer 452773, March 12th, 2023
Nursing
thank you so much
Customer 452749, June 10th, 2021
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat
Close

Sometimes it is hard to do all the work on your own

Let us help you get a good grade on your paper. Get professional help and free up your time for more important courses. Let us handle your;

  • Dissertations and Thesis
  • Essays
  • All Assignments

  • Research papers
  • Terms Papers
  • Online Classes