All categories

4 years ago

Which of the following are pros and/or cons of using a market system to produce and distribute health care?

Business

1 answer:

irakobra [83]4 years ago

3 0

Answer:

options B, D

Explanation:

When a market system is used to determine what healthcare products to produce and distribute we expect;

1. that these medical devices and services from the suppliers would be given only to those who are willing and able to pay for them. and

2. Since the buyers have a say what healthcare services and products they need hospitals and doctors would at least to satisfy the tastes of buyers.

You might be interested in

Cyberphone, a manufacturer of cell phone accessories, ended the current year with annual sales (at cost) of $72 million. During

viktelen [127]

Answer:

INCREASE IN AVERAGE INVENTORY VALUE REQUIRED = $2.25 million

Explanation:

Inventory turnover will be determined as :

Inventory turnover = Annual sales ( at cost ) / Inventory value

Annual sales this year = $72million

Inventory turnover = 8 times

Therefore , Inventory value of current year = $72/8 =$ 9 MILLION

If annual sales ( at cost ) increases by 25%, Inventory value also has to increase by 25% to maintain the same inventory turnover ratio next year

Therefore , increase in average inventory value required = 25% of $9 million = $2.25 million

INCREASE IN AVERAGE INVENTORY VALUE REQUIRED = $2.25 million

5 0

3 years ago

An increase in spending of $25 billion increases real gdp from $600 billion to $700 billion. The marginal propensity to consume

maksim [4K]

An increase in spending of $25 billion increases real gdp from $600 billion to $700 billion. The marginal propensity to consume must be "4".

<h3>What do you mean by Marginal Propensity to consume?</h3>

The marginal propensity to consume is refers to as the proportion of any change in income that is spent on consumption.

In economics, this term is used to refer to the measurement made in order to determine consumption when the rent is increased by one unit. This measurement is nothing more than a mathematical relationship to calculate how people invest in consumption or save the income that is increased.

Calculation:

$MPC=\frac{change in consumption}{change in income} \\MPC=\frac{100}{25} \\MPC=4$

Learn more about Marginal Propensity to consume, refer to the link:

brainly.com/question/19089833

#SPJ4

5 0

2 years ago

In general, how would your best friend describe you as a risk taker?

earnstyle [38]

Answer:

answer is B.............

6 0

3 years ago

You have a loan outstanding. It requires making three annual payments at the end of the next three years of $3000 each. Your ban

Oksana_A [137]

Answer:

The final payment would be of amount $9000

Explanation:

The keywords of the question state that the bank needs an equal amount of money by both of the payment procedures. Hence, no matter which payment method I choose on the outstanding loan, the bank would need a sum of 3x3000 = $9000

5 0

4 years ago

What are socio economic issues

Bezzdna [24]

Answer: are factors that have negative influence

Explanation:

8 0

3 years ago