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pickupchik [31]
3 years ago
15

A doctor who charges his patient for a more expensive procedure than the one performed and then justifies it by saying "i didn't

hurt anyone, i still provided the needed care," is an example of what
Business
1 answer:
Ray Of Light [21]3 years ago
3 0
That is an example of overtreatment.
Overtreatment is the term that is used to describe medical professionals who give unecessary health care in order to obtan higher profit compared to the necessary treatment. According to surveys, around 40% of doctors conducted this practice every year.
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Suppose a coalition of students from Lincoln High School succeeds in persuading the local government to impose a price ceiling o
kiruha [24]

Answer: Hi your question is incomplete attached below are the missing details

answer :

A) 16 used DVDs

B) i) $18

   ii) $6

   iii) $8

Explanation:

<u>A) Determine the weekly shortage of used DVDs due to ceiling price = $11</u>

shortage = Quantity demanded ( H ) - Quantity supplied ( F )

at ceiling price of $11 ; quantity demanded = 20 , Quantity supplied = 4

                = 20 - 4  = 16 used DVDs

B) i) <em>New consumer surplus = ADLK </em>

ADLK = ∠ ABK + BKLD

          = 1/2 * 4 * 1 ) + ( 15 - 11 )*4 = $18

<em>ii) New producer surplus = DLE </em>

DLE = 1/2 * 4 * ( 11-8 )

       = $6

<em> iii) Total economic surplus lost </em>

ΔKJL = 1/2 ( 8 - 4 ) * ( 15 - 11 )

         = $8  

6 0
3 years ago
A stockholder sold her shares and made a profit of $1,403. If that is a profit of 27%, how much were the shares worth when she o
tigry1 [53]

The worth of the shares when the stockholder originally purchased them is $1105.

<h3>What are shares?</h3>

Shares are fractional ownership interests in a corporation. For some businesses, shares are a type of financial instrument that allows for the equitable distribution of any declared residual profits in the form of dividends.

It is assumed that the purchase price of the share is $100. As the stockholder sold her shares for $1,403, making a profit of 27%, it implies that:

  127 = $1,403

∴ 100 = $1,403/127 × 100

        = $1104.72

Therefore, $1104.72 is the original purchase price of the share.

To learn more about share, click here:

brainly.com/question/28392295

#SPJ1

7 0
1 year ago
Which of the following is an element of economic forces? a) New production forces b) Health, food, stress c) Competitors and sup
Ksju [112]

Competitors and supply chain is an element of economic forces.

<h3>What are economic forces?</h3>

Economic forces are those factors that assist a firm in terms of its competitiveness in the environment it operates.

Here, economic forces have a direct impact on business and are essential factors that can help an organization in accomplishing its targets.

Learn more about economic forces here: brainly.com/question/13721949

#SPJ1

4 0
2 years ago
Jose put $200 in a savings acount, where he will earn 10% interest annually. At the end of the year how much money will Jose hav
spayn [35]
20
Because 10 * 20
Equal the 200
6 0
3 years ago
After 1989, Donna purchased series EE savings bonds for $2,500 at the age of 25. This year she redeemed the bonds for $5,000 and
Orlov [11]

Answer:

$1,000

Explanation:

Donna purchased series of savings bond for $2,500 at the age of 25

This year Donna redeemed the bond of $5,000

She paid $3,000 as expenses for her daughter education

The first step is the calculate the interest income

= $3,000/$5,000 × $2,500

= 0.6 × $2500

= $1,500

Therefore the interest that will be required by Donna to include in her gross income this year can be calculated as follows

= $2,500-$1,500

= $1,000

Hence Donna is required to include an interest of $1,000 in her gross income this year

3 0
2 years ago
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