economics help

1. 2,000 years ago gladiators fought in the Coliseums of Ancient Rome making huge salaries. Is this an example of a "Winner - Take" all society? Explain how this is still a big part of today’s US or any other typical Western Society. What about a NFL Football Players wages too?

2 .Why do more than 45 million Americans not have Health Insurance? Argue whether or not you feel that Health Insurance today should be either Public or Insurance driven?

Assignment 15:

· After discussing Elasticity of Demand in Chapter explain whether or not the Demand for Health Insurance in the US has an inelastic or elastic demand and why?

· Why is vaccination against many childhood illnesses a legal requirement for entry into public school?

· Why do economists believe that pollution taxes and effluent permits are a more efficient way to curb pollution than laws mandating across-the-board cutbacks?

· Why is first-dollar health care coverage inefficient?

· How would you explain to a skeptical bank manager why the socially optimal number of bank robberies is not zero?

· Does it make sense for the Federal Aviation Administration to require more sophistication and expansive safety equipment in large commercial passenger jets than in small private planes?