Answer:
b. The resource allocator role
Explanation:
The resource allocator role -
It refers to the person , who represents and decides the resources , is referred to as the resource allocator .
All the resources and funds are handled by the resource allocator .
Any major decision or any confusion about the certain goods and services is resolved by the resource allocator .
Hence , from the given scenario of the question ,
The correct option is b. The resource allocator role .
Answer:
a. The depth of a solo practice family practitioner is narrow whereas its breadth can be wide.
b. They have wide depth and breadth.
c. It has narrow depth and breadth.
d. They have narrow depth and narrow breadth.
Explanation:
Depth means number of variants of each product. Breadth means variety of different products offered.
A solo practice family practitioner has limited its practice and decided not to deliver babies. It has narrow breadth whereas depth is high as it can offer counselling service, immediate help to the patient, family planning guidance and so on.
Multi specialty group has wide depth and breadth as it offers group practice at different locations.
An academic medical center will have narrow depth and breadth as there is only medical studies available to the students and they do not have variety of subjects to choose from.
Shouldice Hospital has narrow depth and breadth as it offers only short stay surgeries. They include hernia repair and appendix. Patients with majors surgeries are not welcomed here.
I would say that all four answers are correct. Trade and commerce between civilizations really did help to exchange new ideas, spread languages, share new inventions, and make some people rich.
Answer:
Marginal opportunity cost is the number of units of good 1 that are sacrificed for producing an additional unit of other good.
A) If we increase the production of butter from 1 to 2 then Guns production decreases from 36 to 26. Thus opportunity cost of second unit of butter is 10 guns.
B) Total opportunity cost of 2nd unit of butter = 18 guns
C) marginal opportunity cost of producing the third unit of butter = 12 Guns
D) Total opportunity cost of third unit of butter = 30 Guns
