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olchik [2.2K]
3 years ago
13

How would the law affect the supply for health insurance? Why?

Business
1 answer:
PSYCHO15rus [73]3 years ago
8 0

<u>The law affect the supply for health insurance:</u>

Medicare for high-salary laborers and expenses significant expense health care coverage plans. The ACA forces a duty on individuals without wellbeing plans. Since most specialists influenced by this duty will pay a sum disconnected to work exertion, the CBO gauges that this won't influence the work supply.

Five components can influence an arrangement's month to month premium: area, age, tobacco use, plan classification, and whether the arrangement covers wards. FYI Your wellbeing, clinical history, or sexual orientation can't influence your premium. The law's objectives were to diminish the quantity of uninsured, make inclusion progressively moderate, and grow access to mind. Notwithstanding these triumphs, the law confronted solid political headwinds from the beginning.

Absence of sufficient inclusion makes it hard for individuals to get the social insurance they need and, when they do get care, loads them with enormous doctor's visit expenses. Less inclined to get clinical consideration. Bound to be analyzed later.

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Far Side Corporation is expected to pay the
IgorC [24]

Answer:

india

Explanation:

india

8 0
3 years ago
A horizontal merger between two firms occurs when: __________
Stells [14]

Answer:

e

Explanation:

A merger can be described as the absorption of one firm by another firm.

When a merger occurs, one of the firms would not exist as a separate entity while the other firm would continue to exist.

<em><u>Types of merger </u></em>

<em><u>1. Horizontal merger : </u></em>this is a type of merger that occurs between firms in the same industry. The firms are usually competitors.

<u><em>Reasons for an horizontal merger</em></u>

  • It is done to increase the market power of a firm
  • This type of merger is done to achieve economies of scale.

An example of an horizontal merger is the merger between Mobil and Exxon in 1999.

2.<u><em> Vertical merger : </em></u>this is when a firm purchases another firm in the same production line. e.g. a baker purchases a pastry distributing company

<u><em>Reasons for a vertical merger</em></u>

  • Cost savings
  • It provides the firm acquiring a greater control of the production process.

<u><em>Types of vertical merger</em></u>

<u><em>a. Backward integration :</em></u> it is when the acquiring firm purchases a firm ahead of it in the production process. e.g. a baker purchases a pastry distributing company

<u><em>b. Forward integration :</em></u> it is when the acquiring firm purchases a firm that is behind it in the production process. e.g. a baker purchases a firm that supplies grains

<u><em>3. Conglomerate merger : </em></u>This occurs when the products of the merging firms were not related in any manner before the merger.

8 0
3 years ago
Why does a business often reach a point at which adding more resources does not increase productivity or profits at the same rat
madreJ [45]

Answer:

diminishing returns,

Explanation:

The law of diminishing marginal returns claims that the returns from the input will first increase at an increasing rate until production reaches an optimal level. After the optimal level, and holding the other factors constant, the returns from the output will start diminishing and eventually turn negative.

Diminishing returns concepts apply in the short term, where only variable inputs can change. For example, in a factory setting, the optimal production capacity is fixed in the short-run. Additional usage of a variable such as labor increase returns until the factor reaches its optimal capital. Additional hiring of labor results in diminishing returns in labor output.

8 0
3 years ago
Hulse Company had the following transactions pertaining to stock investments. Feb. 1 Purchased 600 shares of Wade common stock (
kicyunya [14]

Answer:

(a)

                          Dr.          Cr.

Feb 1

Investment     $7,200

Cash                            $7,200

Jul 1

Cash               $600

Dividend Income        $600

Sep 1

Cash               $4,300

Gain on sale                 $700

Investment                  $3,600

(b) Dividend will be shown as other income in the revenue section of Income statement.  Gain on sale of common share will be reported on income statement after operating profit.

Explanation:

Per Share Purchase Price = 7200 / 600 = $12

300 Shares Purchase Price =  $12 x 300 = 3,600

8 0
4 years ago
The total consumer surplus for good X can be calculated in all ways EXCEPT as:
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Answer:

B.  the area bounded by the demand curve for X and the two axes

Explanation:

5 0
3 years ago
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