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OlgaM077 [116]
1 year ago
12

Under free market conditions, the relationship between the quantity of medical services demanded and the price of medical servic

es is:_______
Business
1 answer:
asambeis [7]1 year ago
3 0

Under free market conditions, the relationship between the quantity of medical services demanded and the price of medical services is:(D.) Inverse

What are free market conditions?

The relationship between  quantity demanded and price normally, where the market forces are left to determine the happenings in the market, is inverse, in that as the quantity demanded increases prices decrease.

In the same vein, the relationship between the quantity of medical services demanded and the price of medical services, is also inverse which means that the amounts charged by doctors for medical treatment reduces, there would be more patients, since the cost is now cheaper which discourages people to seek alternative medicine.

Find out more about demand-price relationship on:brainly.com/question/26264326

#SPJ1

Full question:

Under free market conditions, the relationship between the quantity of medical services demanded and the price of medical services is:

A. Unknown

B. Equal

C. Direct

D. Inverse

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Andrew [12]

B) Your employer benefits documentation

Explanation:

Your employer benefits documentation has little to do with your taxes as it is not a part of the tax rebate schemes.

<u>Supplement income is very much a part of taxable incom</u>e, so it has to be produced.

<u>The W 2 form is the primary taxation form</u> one receives from the IRS which is to be filled while filing for taxes.

<u>Routing and bank account details need also be provided</u> to track all the income generated through supplementary and main sources of income.

5 0
3 years ago
At December 31 of the current year, Cart Company has a $16,000 Notes Receivable from a customer. Interest of 5% has accrued for
lyudmila [28]

Answer: $23,200 as total current asset for the period

Explanation:

Note Receivable has a value $16,000

Interest on Note = 5%

Accrued for 9 months

Yearly Interest accrued = 16,000*5%*12= 9,600

Interest for 9 months = 9600/12*9 = 7,200

Balance sheet Extract

Other Income

Int Accrued on Note Receivable      $7,200

Current Asset

Note Receivable                                $16,000

Int Accrued on Note Receivable      $7,200

Total Current Asset                            $23,200

6 0
3 years ago
g Experts suggest that firms wanting to globalize through e-commerce must first localize, which means firms need to ________. A.
Ludmilka [50]

Answer:

C. modify their products and services to meet the needs and interests of local cultures

Explanation:

Globalization is a phenomenon that enables companies to generate increased profitability and conquer new markets by implementing their businesses in other countries. Therefore, a company that wants to go global through e-commerce needs to modify its products and services to meet the needs and interests of local cultures, as entering an international market requires planning and structuring organizational processes that take into account that each country has their social and cultural particularities, their tastes and needs that are different from each other, which requires an adaptation of a company's products and services, so that they are well accepted and meet the specific needs of that market.

It is then necessary to research, plan and implement a global business strategy that takes local differences into account and includes them in its processes and values.

4 0
2 years ago
Suppose a firm doubles its inputs (therefore doubling its total costs as well). If this firm is experiencing diseconomies of sca
inn [45]

Answer:

<h2>Under diseconomies of scale,firms experience decreasing returns to scale.Hence,the answer would be option B. or output will increase but less than double.</h2>

Explanation:

  • Diseconomies of scale is characterized as a situation in production where any firm experiences increase in the average cost of production as the output or production level expands.
  • Diseconomies of scale can occur when the productive resources of the factors/inputs of production looses their productive efficiency in the production process and is not able to generate proportionate or higher production level or output.
  • As a result,the output or production level obtained by employing a certain level of factor inputs or productive resources is usually less than the amount or proportion of those factor inputs or resources.
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5 0
3 years ago
What's the difference between a venture capitalist and an angel investor? Check all that apply
Wittaler [7]

Answer:

<em><u>-A venture capitalist is more likely to invest in several different projects at once.</u></em>

<em><u>-An angel investor is motivated by personal feeling more than profit</u></em>

6 0
2 years ago
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