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
cricket20 [7]
3 years ago
15

"Health care is so special that price will never matter. People will either buy what medical care they need, or else they will j

ust go without treatment if they can't afford the fees."Do you agree with this statement, disagree with it, or are you uncertain?
Business
1 answer:
UkoKoshka [18]3 years ago
8 0

Answer:

<h3>This statement is true.</h3>

Explanation:

It is agreeable that health care is very important. People often doesn't care about the cost of medical care as far as they get treated from their illness. Healthcare ranges from daily nutrient supplements to the most complicated open heart surgery. It includes all expenses incurred on health issues and problems.

People are mostly left with the choice to go for expensive treatment or go without treatment if can't afford it. This happens because there is a lack of proper governmental healthcare scheme in between and also due to medical expenses skyrocketing every single day. People who can afford treatment go for it no matter what the cost might be. Often leaving them penniless after the treatment.

However, some people who can't afford such treatments usually have to deal with their sicknesses and illness lifelong without any treatment. Thus, making them unproductive to earn a good livelihood. They can hardly make ends meet or earn nothing because of health issues.

Therefore, the need for a proper social healthcare scheme is important. These problems can be eliminated or avoided if the people are provided concessions, free medical care, reimbursement, etc. through social healthcare.

You might be interested in
Which of the following skills is used by active listeners?
s344n2d4d5 [400]
B is the answer to this
6 0
3 years ago
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The
Ugo [173]

Answer:

$2,880

Explanation:

Given that,

Total machine-hours = 30,300

Total fixed manufacturing overhead cost = $ 575,700

Variable manufacturing overhead per machine-hour = $ 4.00

For Job T687:

Number of units in the job = 10

Total machine-hours = 30

Direct materials = $730

Direct labor cost = $1,460

Total variable overhead estimated:

= Variable manufacturing overhead per machine-hour × Total machine-hours

= $4 × 30,300

= $121,200

Total overhead estimated:

= Total variable overhead estimated + Total fixed overhead estimated

= $121,200 + $575,700

= $696,900

Predetermined overhead rate:

= Total overhead estimated ÷ Total machine-hours

= $696,900 ÷  30,300

= $23 per machine hour

Total overhead applied:

= predetermined overhead rate × Total machine hours for Job T687

= $23 × 30

= $690

Total job cost:

= Direct material + Direct labor + Total overhead

= $730 + $1,460 + $690

= $2,880

5 0
3 years ago
On-line Text Co. has four new text publishing products that it must decide on publishing to expand its services. The firm's WACC
dem82 [27]

Answer:

C. Reject W

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) which is shown below:

Expected return = Risk-free rate of return + Beta × (Market rate -  Risk-free rate of return)

= 7% + 1.6 × (12%-7%)

= 7% + 1.6 × 5%

= 7% + 8%

= 15%

The Project W should be rejected as it gives only 14% expected return which is less than the derived expected return.

3 0
3 years ago
Which of the following has the greatest impact on your cash flow?
Deffense [45]

Answer:

 

Low-priced inventory with high turnover

Explanation:

GOT IT RIGHT IN QUIZ

6 0
3 years ago
The current price for a good is ​$​, and units are demanded at that price. The price elasticity of demand for the good is . When
Harman [31]

Answer:

Consumer surplus decreases by $180.

Explanation:

Current consumer surplus =  $25 * 90 unit = $2250

If the price of goods drop to $23 then the new consumer surplus will be

$23 * 90 units = $2070

The change in consumer surplus is $180 .

3 0
3 years ago
Other questions:
  • You are employing two dish washers at $12 per hour with each working 10 hours per week.You learn about a new automatic dishwashi
    10·2 answers
  • The Maybe Pay Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $31,000 per year fo
    10·1 answer
  • The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash 5,146
    10·1 answer
  • In the narrowest definition of money, M1, savings accounts are excluded because they are a interest paying accounts. b not a med
    14·1 answer
  • Surveys indicate that over 60% of all employees under the age of 25 are disengaged and unhappy with their jobs. What might accou
    13·1 answer
  • In addition to evaluating the vendors' responses from the formal rfp process, what other type of data collection for a leading c
    7·1 answer
  • Cybernet Systems is a​ start-up company that makes connectors for​ high-speed Internet connections. The company has budgeted
    9·1 answer
  • State the following statement is True or False, and explain why. Thor who lives in Montana purchased a car produced in Japan for
    12·1 answer
  • 30points
    7·1 answer
  • Darden has beginning equity of $284,000, total revenues of $70,000, and total expenses of $32,000. the company has no other tran
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!