Answer:
<u>yes</u>
<u>Explanation:</u>
Decision making involves a carefully thought out process about the best course of action, and medical staffs often rely on them in their decision making.
For example, medical staff can evaluate the quality and efficiency of the care they provide by monitoring negative tends that may appear on coded data, Meanwhile management can use their findings from coded data to draft out better health policies for their organization.
Answer:
Demand Curve is same as Average Revenue (AR) curve.
Total Revenue, Marginal Revenue, Average Revenue have been solved below
Explanation:
The demand curve that Vesoro faces is identical to 'Average Revenue' <u>curve</u>. As, AR curve represents average price (P) buyers are willing to pay for a quantity of a commodity.
Average Revenue (AR) is total revenue (TR) per unit quantity. AR = TR/ Q. Total Revenue is the total revenue for all quantities, TR = P x Q
So, Average Revenue = (P x Q) / Q = P ie price. This states that average price willingness to pay is same as AR, demand curve is AR curve.
Assuming perfect competition constant price = $5
Q P TR= PxQ AR= TR /Q MR (marginal revenue = TRn -TRn-1)
0 5 0 0 _
1 5 5 5 5
2 5 10 5 5
3 5 15 5 5
Answer:
Company output will be maximized if Calvin makes all the decals and Hobbes makes all the chains.
-Calvin has a comparative advantage for making decals.
-Hobbes has a higher opportunity cost for making decals than Calvin.
Explanation: Each partner should focus on the task where he has a comparative advantage.
In the situation of Calvins: if someone has a comparative advantage in producing something, that means he also has a lower opportunity cost in practicing that object.
In the situation of Hobbes: if he has a higher opportunity cost for making decals, then Calvin has a lower opportunity cost for making decals.
Answer:
The Sarbanes–Oxley
Explanation:
The Sarbanes–Oxley Act of 2002 (Pub.L. 107–204, 116 Stat. 745, enacted July 30, 2002), also known as the "Public Company Accounting Reform and Investor Protection Act" (in the Senate) and "Corporate and Auditing Accountability, Responsibility, and Transparency Act" (in the House) and more commonly called Sarbanes–Oxley, Sarbox or SOX, is a United States federal law that set new or expanded requirements for all U.S. public company boards, management and public accounting firms. A number of provisions of the Act also apply to privately held companies, such as the willful destruction of evidence to impede a federal investigation.