I believe one of the ethical situation would be Balancing care quality and efficiency
Healthcare depended on the amount of government budget each year, which could reduce the quality of the healthcare as the budget decreased.
In order to do this, i believe the government could create a stricter criteria on using the healthcare. and give the people who don't use it with other form of welfare as compensation. By doing this, we can increse both quality and efficiency.
Answer:
A Recession happened.
Explanation:
When the market sees a recession we see an increase in the unemployment rate due to cyclical unemployment whenever there in a business cycle even though the labor force was constant but in a recession companies face a lot of costs which become higher than their revenue so for example when there is a recession the cost of producing 1 more unit is actually higher than the revenue a firm gets from producing that 1 unit because marginal cost increases at a decreasing rate so they have to lay off people at a firm on that unit of production to maximize revenues.
Total variable cost is -44000 ,0, 244000.
TR = P * Q
TC = FC + VC
Profit = TR - TC
Price Q TR FC VC
10 6000 6000 * 10 = 60000 44000 =10 * 6000 = 60000
16 8000 16 * 8000 = 128000 44000 =10.5 * 8000 = 84000
40 12000 40 * 12000 = 480000 44000 =16*12000 = 192000
Profit
-44000
0
244000.
The main goal of a perfect competitor to maximize profits is to calculate the optimum production level where marginal cost (MC) = market price (P). As shown in the graph above, the point of profit maximization is where the MC intersects the MR or P.
This is the output when the marginal revenue from the last sold unit is equal to the marginal cost to produce it.
In order to maximize profits, companies need to produce in a place where marginal revenue and marginal cost are equal. The company's marginal production cost is $ 20 per unit. If the company produces 4 units, its marginal revenue is $ 20. Therefore, the company needs to produce 4 production units.
Learn more about profit or loss here: brainly.com/question/13799721
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Answer:
a. True
Explanation:
This statement is true as a norm is a widely accepted behavior or standard of doing things that <em>most people</em> in a society/group agree with. '<em>Over half of the group' </em>can be considered as a majority . It is basically an informal guide on what is considered correct or incorrect and is about the behaviors of that aforementioned group.
Answer:
increase income or decrease total expenses
Explanation:
Over budget refers to a situation where the estimated costs exceed the actual resources available or the amount allocated. Over budget is when expenses are more than allocated finances.
There are insufficient funds in an over budget. To address the insufficient funds issue, more resources must be obtained, or the expenses must be reduced.
