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1 year ago

what is the most important factor leading to rising health care costs in the united states since 1980?

1 answer:

7 0

The increased use of expensive medical technology is the most important factor leading to rising health care costs in the united states since 1980.

<h3>Why is medical technology so expensive?</h3>

Due to the high expenditures of clinical trials, research and development, and market variables, medical equipment is quite expensive. A cutting-edge medical technology nearly typically costs more money.
America's healthcare system has grown more complex. Each insurer has their own specifications. Because of this, hospitals must produce a wide range of documentation according to the patient's insurance company. They are unable to reduce expenses and standardise the procedure.
The money needed to establish the infrastructure for a private medical college is the cause of the high fees.
If you are unable to obtain a seat at the government medical college of India, it may be assumed that becoming a doctor in India might be quite expensive.

Learn more about expensive medical technology refer to :

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If the minimum attractive rate of return is 7%, which alternative should be chosen assuming identical replacement (like kind exc

ira [324]

Answer:

The alternative that should be chosen assuming identical replacement is:

Alternative B.

Explanation:

a) Data and Calculations:

Alternatives:

A B

First Cost $5,000 $9,200

Uniform Annual Benefit $1,750 $1,850

Useful life, in years 4 8

Rate of return 7% 7%

Annuity factor 3.387 5.971

Present value of annuity $5,927.25 $11,046.35

Net cash flow $927.25 $1,846.35

b) Alternative B yields a higher return than Alternative A. Since the two alternatives are based on the same rate of return, Alternative B will bring in a higher annual benefit, even when discounted to the present value.

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3 years ago

The following labor standards have been established for a particular product:Standard labor-hours per unit of output 9.0hoursSta

harkovskaia [24]

Answer:

Direct labor rate variance= $69,579 unfavorable

Explanation:

Giving the following information:

Standard labor-hours per unit of output 9.0 hours

Standard labor rate= $15.10 per hour

Actual hours worked= 8,100 hours

Actual total labor cost= $191,880

To calculate the direct labor rate variance, we need to use the following formula:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Actual rate= 191,880/8,100= $23.69 per hour

Direct labor rate variance= (15.10 - 23.69)*8,100

Direct labor rate variance= $69,579 unfavorable

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3 years ago

Plz plz plz help me with these two click the pic plz multi choice

makvit [3.9K]

Answer:

For the first multi choice, I think the answer is `whether or not there is enough competition to keep prices low and quality high'

For the second multi choice, I think the answer is `the market is failing to compensate those who are impacted by the sale of goods and services`

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3 years ago

Who pays taxes in a corperation?

atroni [7]

Answer:

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Explanation:

<h3><em>I </em><em>hope</em><em> this</em><em> helps</em><em>!</em></h3>

7 0

2 years ago

during the second stage of the ethical decision-making process, managers must determine whether a proposed decision would violat

nikdorinn [45]

When a manager needs to make a decision using the ethical decision-making process and reaches the second stage, they check whether the decision violates the c. fundamental rights of any stakeholders

The ethical decision-making process involves making decisions that are consistent with the relevant ethical views of the company which it draws from the society it is based in.

The second stage of this process involves checking whether the ethics involved in a certain decision, would violate the fundamental rights of shareholders which include:

The right to ownership
The right to Dividends
The rights to evaluate corporate decisions
The right to voting power

This is to ensure that the shareholders are taken care of because the first duty of a manager is to their shareholders.

In conclusion, managers need to check whether a decision affects the fundamental rights of shareholders before they embark on it.

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The options for this question include:

a. utilitarian beliefs

b. the global commons

c. the fundamental rights of any stakeholders

d. home country values

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3 years ago