1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
Two reasons why people are hesitant to report corruption
melamori03 [73]
<span>Corruption is stealing of funds that are not supposedly owned by the stealer. In most cases, it mostly happening in institutions and organizations. People are hesitant to report corruption because (1) they would be ‘silenced’ (killed) by the person they are trying to expose or (2) they are part of the dirty job.</span>
3 0
3 years ago
Jennifer and Jamie are starting a business and have asked you for advice about whether they should form a partnership, a corpora
sleet_krkn [62]
<h2>Let us understand the definition to shoot the question for better understanding.</h2>

Explanation:

Sole Proprietorship:

  • Owned by single person
  • One person responsible for liable and business
  • Simple to form
  • Nominal cost

Corporations:

  • Legal entities
  • Shared by shareholders
  • More complex type
  • Used for large business

Partnership:

  • Shared by two or more people
  • Types :general partnerships, limited partnerships, joint ventures

Questions: (reason not required as you can self-understand)

  • Are you going to own by oneself or shared?
  • Can you manage if you own with oneself?
  • What is your budget?
  • Do you want to make simple legal procedures?
  • Which type of partnership you prefer?
  • Do you now the "pros and cons" of each one?
5 0
2 years ago
A contractor must decide between two jobs. One job is a bathroom renovation in a residential home. The other is the construction
PtichkaEL [24]

Answer:

B: The net profit of installing the garage.

Explanation:

The opportunity cost is the next best thing that you could be doing but chose to give up in order to do something else. For example, if I chose to spend the day studying for a test, I won't have as much time to watch cat videos, hang out with my friends, or work on the website I'm coding. Since I love coding more than anything in the world, the time I could've spent coding is the opportunity cost of choosing to study.

A and C can be safely eliminated because they are describing the business expenses of the contractor, not what they could be missing out on if they choose to renovate the bathroom. In this case, D wouldn't make any sense since they wouldn't be missing out on any profits from the bathroom project at all. Therefore, the correct answer is B. The contractor can't be in two places at once, and by choosing the bathroom, they're passing up the opportunity to work on the garage and any resulting profits.

8 0
2 years ago
Wilvade Inc. has modified the work timings for its employees. The employees of the company believe that the new timings are inco
Fiesta28 [93]

Answer:

a. empathetic listening

Explanation:

Empathetic listening is trying to understand the point the other person is trying to make and connect with him/her. An important characteristic is to listen to the other person without judging to be open to what is being said and really understand. So, the management of Wilvade Inc. is most likely using empathetic listening because they are trying to understand the employees concers and they want to address the situation.

6 0
2 years ago
When a firm goes bankrupt, shareholders ______. Multiple choice question. can sue for loses cannot recover their risk capital ar
TEA [102]

In a case whereby a firm goes bankrupt, shareholders cannot recover their risk capital.

This is because they have loose alot in the investment.

<h3>What is Bankruptcy?</h3>

Bankruptcy  can be explained as legal process in which an organization that cannot repay debts to creditors may seek relief debts.

Learn more about Bankruptcy at;

brainly.com/question/21283135

4 0
2 years ago
Other questions:
  • On January 1 of this year, Diaz Boutique pays $105,000 to modernize its store. Improvements include new floors, ceilings, wiring
    6·1 answer
  • NEED HELP ASAP
    14·1 answer
  • 1.If GDP is a good measure of well-being, why is Switzerland’s GDP so much lower than India’s GDP or China’s GDP?
    11·1 answer
  • Pharoah Company on July 15 sells merchandise on account to Sarasota Co. for $3100, terms 2/10, n/30. On July 20 Sarasota Co. ret
    13·1 answer
  • Price elasticity of supply is used to gauge
    6·1 answer
  • As an amputee herself, Morgan works in a lab experimenting with new technology that can allow a prosthetic to be attached to liv
    9·1 answer
  • A taxpayer, age 64, purchases an annuity from an insurance company for $82,000. She is to receive $683 per month for life. Her l
    6·1 answer
  • Childress Company produces three products, K1, S5, and G9. Each product uses the same type of direct material. K1 uses 5 pounds
    10·1 answer
  • Quản lý chuỗi cung ứng đóng vai trò quan trọng như thế nào đối với quản lý doanh nghiệp
    5·2 answers
  • When automobile manufacturers introduced SUVs, they distributed and promoted them in the United States, but not in Europe where
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!