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ryzh [129]
2 years ago
12

Refer to the supply and demand data for a certain elective surgical procedure. Without health insurance, the equilibrium price a

nd quantity would be: Group of answer choices $3,000 and 7,000. $2,000 and 11,000. $5,000 and 2,000. $4,000 and 4,000.
Business
1 answer:
fenix001 [56]2 years ago
5 0

Answer:

$3,000 and 7,000

Explanation:

Please find attached the table used in answering this question

Equilibrium price is the price at which quantity demand equal quantity supplied.

Equilibrium quantity is the quantity that equates  quantity demand with quantity supplied.

Above equilibrium price there is a surplus - quantity supplied exceeds quantity demanded. As a result of the surplus, price would fall until equilibrium is reached.

Below equilibrium price there is a shortage - quantity demanded exceeds quantity supplied. As a result of the shortage, price would rise until equilibrium is reached

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An easy-to-use decision support system that specifically supports strategic decision making is a(n) ________ system
kondaur [170]

An easy-to-use decision support system that specifically supports strategic decision making is called executive support system.

A decision support system is one software that helps to make effective decisions with providing various alternatives of the solution to the problems addressed.

Strategic decision making is a process that provide an overall decision over the edge gaining an extra advantage for the firm analysing the decisions taken and the impact over the organisation. Wrong decisions taken at the wrong time may result in specifically driven decisions.

To learn more about decision support system here,

brainly.com/question/14279526

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4 0
1 year ago
Living Wages - This is the topic of debate. I am looking for a help on two things. How to write the paper and how to prepare the
vazorg [7]

Answer:

the answer is as follows

Explanation:

First of defining real wages is a cumbersome process. The living wage calculator developed by MIT professor Amy Glasemeier in 2004 eased the way a little but that too has it's issues.

The paper you are trying to write should start with this that how the idea of living wages is in itself difficult to be adopted as it is. Second the free market approach has been more successful in the economic history and a lot of evidence and data is available on that. The analysis that your paper will develop should outline the concerns that mainstream economists have regarding living wages and support it with some actual data.

The presentation would be rather easy after writing the paper. Which will include some graphs and data and some scholarly citations and it should work.

3 0
2 years ago
__________ is the value or want-satisfying ability that is added to products by organizations that make the product more useful
Ipatiy [6.2K]

Answer:

Utility

Explanation:

In economics satisfaction and pleasure is defined as a utility. When a person drinks water he/she gains utility that is a sense of satisfaction. The most important factor that increases or decreases the demand for a particular commodity is how much utility or satisfaction it provides to the end-user. Overall, the concept was first explained by Jeremy Bentham and John Stuart Mill.

8 0
3 years ago
If you own a small retail shop and you put ads in the local​ paper, put flyers on doors in every​ neighborhood, and buy billboar
statuscvo [17]

Answer:

The correct option is A

Explanation:

Mass marketing is the kind of market approach, in which the business or the firm decides to ignore or disregard the differences in the market segment  and reconsider the full market with the one approach or the strategy, that supports the broadcasting idea, so that it will reach to the huge number of people.

This kind of marketing is the one which is a point of convergence on the newspapers, radio and television as the media used to approach the audience. So, it is engaging or involving in the mass marketing.

4 0
2 years ago
The following types of contracts should be in writing: Contracts involving interests in land. Contracts that cannot, by their te
puteri [66]

Answer:

Contracts required in writing

Explanation:

Contracts that required to be in writing to be enforceable. These contracts are never orally agreed and there is no value of such oral contracts. The contact and promise made by executor to pay debt, promises in consideration of marriage, Sale of goods priced $500 or more should be in writing.

8 0
3 years ago
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