1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
just olya [345]
2 years ago
11

Students will write a thorough explanation of the impact of price ceilings would have on the field of medicine in the United Sta

tes.
(USE EXAMPLES AND EXPLAIN THEM!)
Be sure to consider both the impact on demand as well as supply.

100 points!
Consider these areas in the medical field:
# of doctors
Research & Development of procedures/equipment/Rx Drugs
Quality of hospitals

& remember to take a stance... make a claim! ... Price ceilings would be good.... or ...Price Ceilings would be bad...
Business
1 answer:
melisa1 [442]2 years ago
8 0

Answer: Price ceilings are beneficial to society, and are often necessary, in that they make sure that essential goods are financially accessible to the average person, at least in the short run. By lowering costs, price ceilings also have the beneficial effect of helping to stimulate demand, which can contribute to the health of an economy.

However, there can also be downsides to price ceilings. While they stimulate demand, price ceilings can also cause shortages. Where the ceiling is set, there is more demand than at the equilibrium price. This means that the amount of the good or service supplied is less than the quantity demanded.

For example: in agriculture, medicine, and education, many governments set maximum prices to make the needed goods or services more affordable. Producers may respond to such an economic situation by rationing supplies, decreasing production levels or lowering the quality of production, making the consumer pay extra for otherwise free elements of the good (features, options, etc.), and more.

Request: Can I please get brainliest

You might be interested in
The town of snowville is concerned that its rental property market is overpriced. the demand for rental housing is p = 48 - 2q,
goblinko [34]
For this case what you should do is to clear q in both equations with a price of p = 16 $
 We have then:
 For the demand
 p = 48 - 2q
 q = (48 - p) / 2
 q = (48 - 16) / 2
 q = 16
 For the supply:
 p = 12 + q
 q = p-12
 q = 16-12
 q = 4
 Answer:
 if the town imposes a price ceiling of 16 dollars, and the quantity demand will be 16 while quantity supply will be 4.
6 0
3 years ago
If a test is being used to make a dichotomous decision (e. G. , suitable or unsuitable for the job), the _____ marks the point o
wolverine [178]

If a test is being used to make a dichotomous decision (e. G. , suitable or unsuitable for the job), the cutting marks the point of decision.

<h3>What is the usefulness of cut off mark in a test?</h3>

cut off mark in a test is been used in the selection process after the test which is very important in the point of decision.

And this will be necessary to get the good hand for the job when the  test is being used to make a dichotomous decision.

Learn more about  cut off mark at:brainly.com/question/25997960

#SPJ12

3 0
2 years ago
A company's triple bottom line measures which aspects of its performance? (choose every correct answer.)
san4es73 [151]

A company's triple bottom line measures environmental, financial, and social. aspects of its performance.

Environmental means relating to or caused by the environment in which a person lives or in which something exists. Protects against environmental influences such as wind and sun. The form that the human family takes is a response to environmental stress.

Financial usually refers to financial matters or transactions of some magnitude or importance. In other words, a financial assistant. Fiscal is used specifically in connection with government or institutional funds. It's the end of the fiscal year. Currency refers specifically to money itself. i.e. currency system or standard.

Relating to interaction with other people especially for pleasure a busy social life.

learn more about the Environmental here.  brainly.com/question/1888324

#SPJ4

8 0
2 years ago
What is a public enterprise?<br><br>answer the question ✌​
Sergeeva-Olga [200]
A public enterprise is an industrial or commercial undertaking which the government owns and manages. Also, the primary objective of such an enterprise is social welfare and upholding the interest of the general public
7 0
3 years ago
The formal or informal societal rules that specify or prohibit certain behaviors in specific situations are called ______.
babymother [125]

Answer:

social norms

Explanation:

Social norms can be seen as mutual depictions of appropriate social behavior as well as internal opinions of specific group behavior. Norms can be seen as cultural ideas (including principles, traditions, and rituals) that serve a basic understanding of what others practice and believe that they ought to be doing.

Social norms are, if seen as a societal viewpoint, informal interpretations which regulate the actions of people in a society. In response to religious or community expectations, behavioral economics acknowledges smaller group structures (such as a team or perhaps a department) can also accept norms independently.

6 0
3 years ago
Other questions:
  • In a financial statement audit performed following AICPA Professional Standards, how frequently must an auditor test operating e
    8·1 answer
  • If 99 million people are working and 1 million are unemployed but actively seeking work, then the unemployment rate is ________.
    14·1 answer
  • Three individuals form Skylark Corporation with the following contributions: Cliff, cash of $50,000 for 50 shares; Brad, land wo
    14·1 answer
  • A gym buys uniforms for its employees. all of the uniforms are in a men's large, and the gym hires only people who will comforta
    14·1 answer
  • Match the below mention description with given terms. If there is no match then write "No match"
    13·1 answer
  • Southern Foods just paid an annual dividend of $2.10 a share. Management estimates the dividend will increase by 11 percent a ye
    12·1 answer
  • You are considering two equally risky annuities, each of which pays $5,000 per year for 10 years. Investment ORD is an ordinary
    15·1 answer
  • alculating Net Float [LO1] Each business day, on average, a company writes checks totaling $17,000 to pay its suppliers. The usu
    14·1 answer
  • Cuando cambia el valor nominal de una accion
    11·1 answer
  • select all of the statements that discuss one of the problems with price gouging laws that prevent prices from rising to the new
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!