A. Knowing how to prioritize
Answer: 1.60
Explanation:
P1 = 30
P2 =50
Q1 = 6
Q2 = 16
Elasticity of supply:
= 1.60
Using the midpoint method, the elasticity of Deborah’s labor supply between the wages of $30 and $50 per hour is approximately 1.60, which means that Deborah’s supply of labor over this wage range is elastic.
Answer:
When using dollar-value LIFO, the ending inventory at current year cost must first be converted to base year cost. The 12/31/Y2 inventory at base year cost is given as $60,000. Since the 12/31/Y1 inventory at base year cost was $45,000 ($40,000 base layer and $5,000 year 1 layer), a new layer of $15,000 was added in year 2 ($60,000 − $45,000). This layer must be restated using the year 2 price index. The year 2 price index is computed using the double-extension technique, as illustrated below.
1. Why is it important for Arnold Palmer Hospital to get a patient’s assessment of health care quality?
Arnold Palmer Hospital is a big hospital in the U.S. that can accommodate many patients. Even though it caters to many patients, it tries to maintain a good level of service care to every individual. This is mainly done through the patient's assessment of health care quality. With this, <em>the hospital is able to know which areas the patient feels uncomfortable</em> and <em>what improvements in the service they need to address.</em> Since the hospital is focused on the patient, the staffs are trained in order to provide the highest possible quality care.
2. Does the patient have the expertise to judge the health care he or she receives?
Every patient is unique and according to the Arnold Palmer Hospital, every patient has the ability to judge the health care he or she receives. The surrounding in the hospital is patient-focused, so it is just normal that they put a priority on the patient's feedback. This will also allow the hospital to improve the quality of care that is expected from them.
Answer:
An opportunity.
Explanation:
Businesses conduct a SWOT analysis when they want to identify their internal weaknesses and strengths, it is also used to identify external opportunity and threats.
Firms use the analysis to develop a competitive strategy in the market by taking advantage of opportunities presented while mitigating risk posed by threats in the industry.
In this scenario Hutchinson Essar obtained a 5.6% stake in Airtel fr Vodafone. This transaction resulted in movement of knowledge and technology previously available to Airtel to one of its competitors.
This was an opportunity for Hutchinson Essar.
