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Ber [7]
3 years ago
10

Which of the following is a characteristic of a for-profit healthcare facility?

Business
1 answer:
Pepsi [2]3 years ago
8 0

Answer:

D. owned by private citizens

Explanation:

A for-profit organization can be defined as a type of organization that is created to primarily generate more revenue than its operating costs by providing lawful services to customers. By generating more revenue than operating costs, a for-profit organization is able to make profit.

Some examples of for-profit organizations are privately owned establishments such as hospitals, hotels, restaurants, supermarkets, gas stations, etc.

Hence, a characteristic of a for-profit healthcare facility is that it is owned by private citizens.

Unlike government agencies or organizations which are being run with public funds and at a subsidized rate (focuses on services everyone can afford), for-profit are mostly owned by private citizens, who are always after making profits from the business.

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Disadvantages of the Partnership

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Explanation:

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How can you receive a Badge on your profile that communicates to Customers that you’re extremely proficient in your area of expe
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3 years ago
Mark and Anthony are business partners of a franchised bakery. They have reached the end of the current financial year, and they
FinnZ [79.3K]

Answer:

B. Information return

Explanation:

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The details on the information return can be used for ensuring that the tax returns are correctly filed

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3 0
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Demand deposits are included in?
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Answer:

savings accounts or checking accounts

8 0
2 years ago
The chart shows the marginal cost of producing apple pies. This chart demonstrates that the marginal cost initially decreases as
NeTakaya

Answer: This chart demonstrates that the marginal cost initially decreases as production increases.

Marginal Cost refers to the cost of producing an additional unit of a good. As production increases, marginal costs will initially decrease.  

In the short run, factors of production like capital are fixed. Only labor is variable and varies with the number of units produced. Initially, employing more labor results in better productivity and help in decreasing the marginal costs. However, as more units of labor are employed, labor become less productive and the law of diminishing marginal returns sets in. Hence the marginal cost curve begins to rise.  


9 0
3 years ago
Read 2 more answers
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