![]() ![]() ![]() Because it does not know the budget of each student, the Health Center decides to offer vaccines free to students who can provide a doctor's note stating they have a pre‑existing condition.ģ.Writer-director David Robert Mitchell ( The Myth of the American Sleepover) admits that the basic scary idea of It Follows comes from a recurring dream he experienced as a child – the not uncommon terror of being pursued by something relatively slow but relentless. Suppose now that the school wishes to make sure no students with diabetes or asthma go without the drug because they cannot afford it. Suppose the school sells all of its vaccines at the market price of $20.00. Who will receive the vaccines if the University Health Center sells them for the $20.00 market price?Ģ. Keep in mind that some students have pre‑existing conditions, such as asthma and diabetes, that place them at high risk for the flu.ġ. Some have some money to spare, some are on a very tight budget. Assume that college students have varying budgets. Suppose the University Health Center receives flu vaccinations at the beginning of each flu season, and that they offer these vaccines for the market price of $20.00 each. Has the country's unemployment rate changed as Ultravision hired a huge team of workers to develop the game? Have the millions of dollars that people have spent on video games worldwide affected the gross domestic Product (GDP) in their respective countries? How much will Ultravision charge for "Call of Obligation?"į. How much less economic output occurs countrywide because workers call in sick to stay home and play either "Call of Obligation" or another video game?Į. ![]() How much will Ultravision pay the developers of the game?ĭ. How does Ultravision choose to market "Call of Obligation.Ĭ. Is Ultravision able to sell all of the "Call of Obligation" games it produces or does it need to produce more?ī. Classify each item below according to whether it represents an application of microeconomics or macroeconomics.Ī. Suppose that the video game company Ultravision releases a new game called "Call of Obligation: Modern Combat 3." This game can be analyzed using the tools of both microeconomics and macroeconomics. ![]()
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