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frez [133]
3 years ago
12

Pauly and satterthwaite show that when physicians become numerous, the average number of friends who see any provider diminishes

. this, in turn, diminishes the average level of information available to consumers, leading to:
Business
1 answer:
m_a_m_a [10]3 years ago
8 0
Pauly and ......................... leading to REDUCTION IN PRICE RESPONSIVENESS, WHICH ULTIMATELY LEADS TO INCREASE IN PRICE.
When the level of information that is available to the consumers is reduced, they will lack information about better alternative goods with cheaper price in the market, this will ensure that they pay the price that is been levied on a particular product, and this in turn can leads the producer to increase the price they charge for their products or services. Thus, reduced information gives individual firms some additional monopoly power 
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What is the shelf life of an item placed in a peel package or wrapped in nonwoven wrapper
erik [133]

Answer:

<u><em>Indefinite, Unless the item is compromised in some way.</em></u>

Explanation:

The Maximum time for which a food item can be stored before it becomes unfit for sale and consumption. In simple terms it  is means the time after which the item should not be on a supermarket or pantry shelf.  Shelf life is also applicable to medical devices, cosmetics, foods tires, chemicals, explosives and perishable items. On most of the packed products an advisory best before is printed on the package.

8 0
4 years ago
Phillip​ Witt, president of Witt Input​ Devices, wishes to create a portfolio of local suppliers for his new line of keyboards.
kirill115 [55]

Answer:

Based on the EMV value, the best choice is to use Two suppliers

Explanation:

Is necessary to consider different amount of suppliers and evaluate the cost. We will choose the number of suppliers which offers a lower cost.

  • EMV1 = cost of shutdown*super event risk + cost of shutdown*unique event risk + cost of managing supplier = 480000*.02 + 480000*0.05+16000 = 9600 + 24000 + 16000 = $ 49600

  • EMV2 = cost of shutdown*super event risk + cost of shutdown*unique event risk of each supplier*unique event risk of each supplier + cost of managing 2 suppliers = 480000*.02 + 480000*0.05*.05+16000*2 = 9600 + 1200 + 16000*2 = $ 42800

  • EMV3 = cost of shutdown*super event risk + cost of managing 3 suppliers = 480000*.02 + 480000*0.05*.05+16000*2 = 9600 + 16000*3 = $ 57600

Based on the EMV value, the best choice is to use Two suppliers

6 0
3 years ago
When independent measurers get similar results when using the same accounting measurement methods, the financial information is:
Deffense [45]

Answer: verifiable

Explanation:

A financial information is verifiable when the independent measurers get similar results when using the same accounting measurement methods.

In this scenario, the independent measures use thesame method but do their work separately without them knowing the results gotten by the other person. When there's similarity in the results, it shows that the results are verifiable.

6 0
3 years ago
Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2019, at a cost
Tcecarenko [31]

Answer:

The depreciation cost of the bus per unit is $ 1.4 which is purchased on January 1, 2019.

Explanation:

The depreciation cost per unit is computed as:

Depreciable asset = Cost - Salvage Value

                               = $205,860 - $7,900

                               = $197,960

Depreciation per unit = Depreciable asset /Useful life expected value

                                    = $197,960 / 141,400

                                    = $1.4

Therefore, the per unit cost is $1.4

8 0
3 years ago
If the U.K. exports 14 billion British Pounds of​ products, and imports 10 billion British pounds of​ products, its trade balanc
rodikova [14]

Answer:

D) 4 billion British pounds

Explanation:

Trade balance or balance of trade can be defined as the difference between a country's export and import at a particular period of time.

It could be a deficit or surplus.

Deficit trade balance refers to when the export of a country is less than it's import. This means more products are imported that exported.

Surplus trade balance refers to when export of a country is more than the import.

Import is the bringing in of goods from a foreign country. This means a particular country purchase goods from another country.

Export is the sending out of goods to a foreign country. That is the selling of goods to another country.

Trade balance= Export- Import

=14 billion British pounds- 10 billion British pounds

=4 billion British pounds

The trade balance that occurs here is surplus trade balance where export is more than import.

5 0
3 years ago
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