Given the same demand and cost conditions, a revenue maximizing hospital will: a. Charge a higher price and produce more medical care than a profit maximizing hospital b. Charge a higher price and produce more medical care than an output maximizing hospital c. Charge a higher price and produce less medical care than an output maximizing hospital d. Charge a higher price and produce less medical care than a profit maximizing hospital

Answers

Answer 1

Answer:

c. Charge a higher price and produce less medical care than an output maximizing hospital

Explanation:

A revenue maximising firm's goal is to make the highest possible profit while the goal of an output maximising firm is to produce the highest possible number of output.

So, for a a revenue maximizing hospital, price would be higher but it would produce less medical care due to the law of demand.

The law of demand says the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

While for the output maximising hospital, it would produce more output and charge a lower price than a revenue maximizing hospital


Related Questions

A three-month forward contract on a stock index is trading at $1000. The current index level is $985.1. Assuming a continuously compounded interest rate of 5%. Additionally, assume that the stock index does not pay any dividends. Which one of the following statements reflects a potential arbitrage strategy:
I. Long the forward contract, short the stock index, and lend at the risk-free rate
II. Short the stock index and lend at the risk-free rate, while entering in a forward contract agree- ment to purchase the asset in three months for $1000.
(a) I alone
(b) II alone
(c) I and II
(d) None of the above

Answers

Answer:

d

Explanation:

ddddddddddddddddddddddd

If you restate a quote in your own words but do not cite your source you can be rightfully accused of

Answers

Answer:

correct, you could be accused of plagerism

If you have done everything correctly, you might realize that stagflation creates a dilemma for the Fed. Why? Choose one or more: A. If the Fed wants to reduce unemployment, it must be willing to accept more inflation. B. If the Fed wants to reduce inflation, it must be willing to accept higher unemployment. C. If the Fed wants to reduce unemployment, it must be willing to accept less inflation. D. If the Fed wants to reduce inflation, it must be willing to accept lower unemployment.

Answers

Answer:

A. If the Fed wants to reduce unemployment, it must be willing to accept more inflation.

B. If the Fed wants to reduce inflation, it must be willing to accept higher unemployment.

Explanation:

Stagflation is a situation in which there is a shift of the supply curve to the left that results in a high inflation due to which there is a high unemployement. Now if the fed wants to reduce the inflation so the demand would decline due to which the unemployment rises

Therefore A and B are correct

And C and D are incorrect

Answer:

The Federal Reserve seeks to control inflation by influencing interest rates. When inflation is too high, the Federal Reserve typically raises interest rates to slow the economy and bring inflation down.

Explanation:

What are the "flows" within a supply chain, and why are they important?

Answers

Answer:

Supply chain management is the coordination, management and strategy that drives the flow of data, information, resources and materials to deliver the best product and service to all stakeholders in the process of converting raw goods to a salable product and delivering it to the ultimate customer. There are three main flows of supply chain management: the product flow, the information flow, and the finances flow. The product flow involves the movement of goods from a supplier to a customer. This supply chain management flow also concerns customer returns and service needs.

Explanation:

Zepol Company is planning to produce 600,000 power drills for the coming year. The company uses direct labor hours to assign overhead to products. Each drill requires 0.75 standard hour of labor for completion. The total budgeted overhead was $1,777,500. The total fixed overhead budgeted for the coming year is $832,500. Predetermined overhead rates are calculated using expected production, measured in direct labor hours. Actual results for the year are:

Answers

Answer:

Actual results are missing, so I looked for a similar question and found:

Actual results for the year are: Actual production (units) 594,000 Actual variable overhead $928,000 Actual direct labor hours (AH) 446,000 Actual fixed overhead $835,600

1. Compute the applied fixed overhead

2. Compute the fixed overhead spending and volume variances

1) budgeted labor hours = 600,000 units x 0.75 labors hours per unit = 450,000 labor hours

standard fixed overhead rate = $832,500 / 450,000 labor hours = $1.85 per labor hour

applied fixed overhead = actual labor hours x standard fixed overhead rate = 446,000 x $1.85 = $825,100

2) Fixed overhead volume variance  = applied fixed overhead – budgeted fixed overhead = $825,100 - $832,500 = -$7,400 favorable

Fixed overhead spending variance = actual fixed overhead - applied fixed overhead = $835,600 - $825,100 = $10,500 unfavorable

total fixed overhead variance = -$7,400 + $10,500 = $3,100 unfavorable

A transformational leadership style would not work well with

a project designed by a team

someone who works best independently

those who appreciate regular feedback

employees who had a strong belief in the company that they work for

Answers

Answer:

someone who works best independently

Explanation:

A transformational leadership style is the leadership style in which the leader is involved with the team and works in tandem with them to achieve the set goal.

With this in mind, a transformational leadership style would not work well with someone who works best independently.

Sewtfi951 Corporation makes an extra large part to use in one its fabulous products. A total of 14,500 units of this extra large part are produced and used every year. The company's costs of producing the extra large part at this level of activity are below:
Per Unit
Direct materials $3.20
Direct labor $7.80
Variable manufacturing overhead $8.30
Supervisor's salary $3.70
Depreciation of special equipment $2.10
Allocated general overhead $7.30
An outside supplier has offered to make the extra large part and sell it to Sewt1951 for $32.30 each If this offer is accepted the supervisor's salary and all of the variable costs, including the direct labor, can be avoided The special equipment used to make the extra large part has no salvage value or other use The allocated general overhead representa fixed costs of the entire Sewt1951 company. none of which would be avoided at the part were purchased instead of produced internally. In addition, the space used to make the extra large part could be used to make more of one of the company's other fabulous products, generating an additional segment margin of $34,500 per year for that product
What would be the annual financial advantage (disadvantage) for Sewt1951 Corp as a result of buying the extra large part from the outside supplier?

Answers

Answer:

($100,350)

Explanation:

Relevant cost to make

                                                         Per Unit    14,500 units

Direct materials                                 $3.20         $46,400

Direct labor                                        $7.80        $113,100

Variable manufacturing overhead   $8.30        $120,350

Supervisor's salary                            $3.70        $53,650

Relevant cost to make                      $23          $333,500

Relevant Cost to buy

                                                           Per Unit    14,500 units

Purchase price                                   $32.30      $468,350

Less: Additional segment margin                       $34,500

Relevant Cost to buy                                           $433,850

Here, we have financial disadvantage to buy as Relevant cost to make is lesser than Relevant Cost to buy

Financial (Disadvantage to buy) = $333,500 - $433,850

Financial (Disadvantage to buy) = ($100,350)

The broad scope seeks to attract a large group of applicants who have a high probability possessing the characteristics that are needed to perform a specific job and qualifications are specific and specialized.
A. True
B. False

Answers

I believe the answer would be True.

Which of the following steps is most effective in protecting yourself from identity theft?
a. Throw away credit card applications in the garbage.
b. Shred all mail with personal information before discarding it.
C. Place your old bank statements in the recycle bin.
d. Carry all your passwords in your wallet or purse.

Answers

Answer:b shred all mail with personal info before discarding it.

The step that is most effective for protecting yourself from identity theft is option b. Shred all mail with personal information before discarding it.

What is meant by protection?

As the name suggests, protection means defense or shielding something from the viruses so that no one could impact in it.

So based on this, we can say that it shreds all mail having the personal information prior to discarding it.

hence, the option b is correct.

Learn more about theft here: https://brainly.com/question/15252417

Sralbn620 Corporation has two divisions: Domestic Division and Foreign Division. Last month, the corporation reported a contribution margin of $47,800 for Domestic Division. Foreign Division had a contribution margin ratio of 25% and its sales were $235,000. Net operating income for the Sralbn620 Corporation was $35,700 and traceable fixed expenses were $55,400.
(ID#32648)
What were Sraibn 620 Corporation's common fixed expenses?
a) $15,450
b) $106,550
c) $55,400
d) $70,850

Answers

Answer:

Common fixed expense= $15,450

Explanation:

First, we need to calculate the total contribution margin from the two divisions:

Domestic Division= $47,800

Foreign Division= 235,000*0.25= $58,750

Total contribution margin= $106,550

Now, we can determine the common fixed expense using the following formula:

Net operating income= total contribution margin - traceable fixed expense - common fixed expense

35,700 = 106,550 - 55,400 - common fixed expense

common fixed expense= 51,150 - 35,700

common fixed expense= $15,450

Garth Corporation sells a single product. If the selling price per unit and the variable expense per unit both increase by 10% and fixed expenses do not change, then: Contribution margin per unit Contribution margin ratio Break-even in units A) Increases Increases Decreases B) No change No change No change C) No change Increases No change D) Increases No change Decreases Option C Option B Option D Option A

Answers

Answer:

D) Increases No change Decreases

Explanation:

Contribution margin is Sales less Variable Costs. This will increase if  the selling price per unit and the variable expense per unit both increase.

Contribution margin ratio is Contribution expressed as a percentage of Sales. This will stay the same when the selling price per unit and the variable expense per unit both increase by the same percentage.

Break-even in units is Fixed Costs divided my contribution per unit. This will decrease as the Contribution margin has increased.

April's credit card has a balance of $483.42, but the amount that she needs to pay to bring the
card to a $0 balance is $726.18 because she missed a payment. What is April's interest rate?

Answers

The interest rate for April is 50.29%.

What is Interest ?

In the fields of finance and economics, interest is the payment of a sum over and above the principal amount to a lender or depositor by a borrower or deposit-taking financial institution at a set rate.

It is not the same as a fee that the borrower might pay to the lender or another entity.

Given that April's credit card debt is $483.42 but that he needs to make a payment of $726.18, the interest rate for non-payment that he is subject to is as follows:

483.42 = 100

726.18 = X

((726.18 x 100) / 483.42) = X

= X

Consequently,

since 150.29 = 150.29 - 100 = 50.29 %

Learn more about Interest here

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Conducting a survey of your friends to see how many might go to a trampoline park is an example of

Answers

Answer: Primary research

Explanation: Primary research is defined as the type of research where the person himself collects information. In this type of research, surveys, observation, and interviews are used.

In the primary research, the information is collected directly and not depending on other research that has been done previously. One of the advantages of this research is that it is carried out around a specific problem and with this information find a solution.

The following unadjusted trial balance contains the accounts and balances of Dylan Delivery Company as of December 31, 2017
a. Unrecorded depreciation on the trucks at the end of the year is $8.231
b. The total amount of accrued interest expense at year-end is $8,000.
c. The cost of unused office supplies still available at year-end is $1,400.
1. Prepare the year-end closing entries for Dylan Delivery Company as of December 31, 2017
2. Determine the capital amount to be reported on the December 31, 2017 balance sheet.

Answers

Answer:

Question 1

Part a

Debit : Depreciation $8.231

Credit : Accumulated Depreciation $8.231

Part b

Debit : Interest Expense $8,000

Credit : Long term notes payable $8,000

Part c

Debit : Office Supplies Expenses $ 500

Credit:  Office Supplies $ 500

Question 2

Capital amount to be reported on the December 31, 2017 balance sheet is $170,551

Explanation:

See below the full question that i have attached

Calculation of Capital amount as at December 31, 2017

Balance before adjustments              $187,282

Adjustments :

Depreciation                                           ($8.231)

Interest Expense                                   ($8,000)

Office Supplies Expenses                      ($ 500)

Balance after adjustments                   $170,551

The important point(s) to remember while estimating the cash flows of a project Group of answer choices is that only cash flow is relevant are cash flow is relevant and always estimate cash flows on an incremental basis are to always estimate cash flows on an incremental basis and to be consistent in the treatment of inflation. are cash flow is relevant, always estimate cash flows on an incremental basis, and be consistent in the treatment of inflation.

Answers

Answer:

Option D (are cash..........inflation) is the right alternative.

Explanation:

Even before forecasting or considering a project's investment returns, this same important thing to recognize or significant observation is capital investment.  Quite often approximate cash flows as well as being consistent throughout the cure of economic growth around an integrated or incremental perspective.

Some other alternatives given are not linked to the scenario in question. That is indeed the right choice, therefore.

Baskin-Robbins is one of the world’s largest specialty ice cream shops. The company offers dozens of different flavors, from Very Berry Strawberry to lowfat Espresso ’n Cream. Assume that a local Baskin-Robbins in Raleigh, North Carolina, has the following amounts for the month of July 2021.Salaries expense $13,700 Sales revenue $69,800Inventory (July 1, 2021) 2,300 Interest income 3,300Sales returns 1,100 Cost of goods sold 28,700Utilities expense 3,600 Rent expense 6,700Income tax expense 6,000 Interest expense 400 Inventory (July 31, 2021) 1,100Required:1. Prepare a multiple-step income statement for the month ended July 31, 2021.2. Calculate the inventory turnover ratio for the month of July. Would you expect this ratio to be higher or lower in December 2021? Explain.3. Calculate the gross profit ratio for the month of July.

Answers

Answer:

Baskin-Robbins

Raleigh, North Carolina

1. Multi-step Income Statement for the month ended July 31, 2021:

Net Sales Revenue     $68,700

Cost of goods sold       28,700

Gross profit                $40,000

Expenses:

Salaries          $13,700

Rent expense   6,700 20,400

Operating income     $19,600

Interest Income          $3,300

Interest expense         ($400)

Income before tax  $22,500

Income tax expense   6,000

Net income             $16,500

2. Inventory turnover ratio = Cost of goods sold/Average Inventory

= $28,700/$1,700 = 16.88 times

3. I expect the inventory turnover ratio for Baskin-Robbin's shops at Raleigh to be higher in December 2021.  There will be more sales of the different flavors of ice cream in December because of the Christmas holidays.  As a result, the cost of goods sold will be higher than July's, and the ending inventory will be lower still than July's.

4. Gross profit ratio = Gross profit/Net Sales * 100

= $40,000/$68,700 * 100

= 58%

Explanation:

a) Data and Calculations:

Expenses:

Salaries  $13,700

Rent expense $6,700

Interest expense $400

Interest Income  $3,300

Sales Revenue        $69,800

Sales returns                 1,100

Net Sales Revenue $68,700

Income tax expense   6,000

Cost of goods sold = $28,700

Inventory, July 1, 2021  $2,300

Inventory, July 31, 2021 $1,100

Total inventory             $3,400

Average inventory        $1,700 ($3,400/2)

person who provides services directly to individuals

Answers

Answer:

I just need to respond answers LUL

Explanation:

REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

a ____ is paid work that gives you experience to lead to a new job
A. Career
B. Job
C. occupation
D. Skill

Answers

Answer:

B. Career.

Explanation:

A Career is an Occupation where you can earn better jobs in any given field with progress and experience.

Data for Yvavxs408 Corporation and its two divisions, Domestic and Foreign, appear below:
Sales revenues, Domestic $620,000
Variable expenses, Domestic $359,700
Traceable fixed expenses, Domestic $ 74,100
Sales revenues, Foreign $478,400
Variable expenses, Foreign $273,000
Traceable fixed expenses, Foreign $ 61,900
(ID#54797) In addition, Yvavxs408's common fixed expenses totaled S167.800 and were allocated as follows: 587,100 to the Domestic division and $80.700 to the Foreign division
What is the segment margin for the Domestic division?

Answers

Answer:

Segment margin Domestic = $186,200

Explanation:

Giving the following information:

Sales revenues= $620,000

Variable expenses= $359,700

Traceable fixed expenses= $74,100

To calculate the segment margin for the Domestic division, we need to use the following formula:

Segment margin Domestic = segment contribution margin - traceable fixed expense

Segment margin Domestic = (620,000 - 359,700) - 74,100

Segment margin Domestic = $186,200

Which of the following statements is true regarding the functions of culture in an organization? A) It hinders the generation of commitment to something larger than individual self-interest among employees. B) It conveys a sense of identity for organization members. C) It reduces the stability of the organizational system. D) It reduces distinctions between one organization and others. E) It does not affect employees' attitudes and behavior.

Answers

Answer:

B; It conveys a sense of identity for organization members

The correct option is B. It conveys a sense of identity for organization members that statement is true regarding the functions of culture in an organization.

How does culture influence a member of the organization?

The culture shapes the working environment within the company and has an impact on the type of long-term goals that help the company achieve its vision. The rules and procedures that help the organization fulfill its mission on a daily basis are also determined by culture.

Members of the organization get a sense of identity from it. It encourages the development of commitment to goals greater than one's own self-interest. The stability of the social system is improved. It acts as a "sense-making" and control mechanism that directs and molds employees' attitudes and conduct.

Thus, The best choice is B. When a statement about the roles of culture in an organization is true, it gives members of the organization a sense of identity.

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Jeff and Riley were married for 35 years when Riley died in July of 2016. The couple have two children who are 6 and 10 years old. Which of the following applies to Jeff regarding filing status?a) Jeff can file using any status he wants for the next 3 yearsb) Since Jeff’s spouse died during the year, he may be entitled to the special qualifying widower with dependent child benefits for tax year 2017 and 2018c) Since Jeff’s spouse died during the year, he may be entitled to the special qualifying widower with dependent child benefits for tax year 2016 onlyd) Since Jeff’s spouse died during the year, he may be entitled to the special qualifying widower with dependent child benefits for tax year 2017 only

Answers

Answer:

(D) I think

Explanation:

When your husband or spouse dies,you file as a widower. If he has children he could get extra benefits because he can file his kids as a Dependent on his Taxes.

Hope this helps:)!

Stay beautiful ❤️

With Riley having died in 2016, the procedure would be that b) Since Jeff’s spouse died during the year, he may be entitled to the special qualifying widower with dependent child benefits for tax year 2017 and 2018.

Special Qualifying WidowerAllows a widower to still fill taxes jointly as a married person for two years after the spouse dies. Can only apply if there is at least a single dependent child.

There are two dependent children in this scenario so Jeff qualifies for this filling status. As Riley died in 2016, Jeff's two years would be the years 2017 and 2018.

In conclusion, option B is correct.

Find out more on the special qualifying widower status at https://brainly.com/question/26021534.

Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $44,300 for Division A. Division B had a contribution margin ratio of 40% and its sales were $232,000. Net operating income for the company was $32,600 and traceable fixed expenses were $55,800. Corbel Corporation's common fixed expenses were:________.
a) $48,700
b) $55,800
c) $104,500
d) $137,100

Answers

Answer:

a. $48,700

Explanation:

Contribution margin  for Division A = $44,300

Contribution margin  for Division B = 40% * Sales Value = 40% * $232,000 = $92,800

Total contribution margin = $44,300 + $92,800 = $137,100

Office Segment Margin =Total contribution margin - Traceable fixed expenses

Office Segment Margin = $137,100 - $55,800

Office Segment Margin = $81,300

Net Operating Income = Office Segment Margin - Common Fixed Expenses

Common Fixed Expenses = Office Segment Margin - Net Operating Income

Common Fixed Expenses = $81,300 - $32,600

Common Fixed Expenses = $48,700

HII I've made about 3 give aways with points and still have a bunch, but this question is asking if anyone wants to be friends? send a request!! also the first person to send a request will get 20 points to continue the giveaway!! i will also probably make more giveaways so make sure to friend me to see when another one takes place!!

Answers

Answer:

ok I will send bro gg bye

Answer:

okays

Explanation:

if you cause damage to your apartment, your landlord can

Answers

Answer:

...send you out for vandalizing the property?? i dunno lol

Explanation:

Answer:

you could get evicted

Explanation:

Suppose that there are two types of cars, good and bad. The qualities of cars are not observable but are known to the sellers. Risk-neutral buyers and sellers have their own valuation of these two types of cars
Types of Cars Buyers Valuation Seller Valuation
Good (50% probability) 5,000 4,500
Bad ( 50% probability) 3,000 2.500
When a buyer does not observe the quality, what is the highest price she will offer for a used car if she ignores adverse selection?
A. $2,500
B. $3,000
C. $4,000
D. $4,500

Answers

Answer:

C. $4,000

Explanation:

If he buyer does not have complete information about the car's quality, he/she will likely offer the expected value for a car = ($3,000 x 50%) + ($5,000 x 50%) = $4,000 car. In this type of scenarios, sellers of lemons (bad cars) are benefited since they are able to get a higher price, but sellers of goods cars are hurt because buyers assume their cars are bad.

Select the correct answer
What does the term constructed wetlands normally refer to
A natural wetlands that are used for wastewater disposal and treatment
B. wetlandis created for the purpose of environmental research
Cartificially created wetlands that simulate natural wetlands
D. wetlands used for constructing buildings
Reset
Net

Answers

I believe the answer is A

Given the following history, use a three-quarter moving average to forecast the demand for the third quarter of this year. Note, the 1st quarter is Jan, Feb, and Mar; 2nd quarter Apr, May, Jun; 3rd quarter Jul, Aug, Sep; and 4th quarter Oct, Nov, Dec.
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
Last year 130 150 155 215 225 230 175 165 155 230 255 280
This year 155 155 205 220 245 250

Answers

Answer:

665

Explanation:

The computation fo the demand expected for the third quarter is as follows:

Oct         230

Nov        255

Dec         280          sum 765

Jan          155

Feb          155

March      205         sum 515

April         220

May          245

June         250       sum 715

Mow the third quarter moving average is

= (765 + 515 + 715) ÷ 3

= 665

Sandhill, Inc., is launching a new store in a shopping mall in Houston. The annual revenue of the store depends on the weather conditions in the summer in Houston. The annual revenue will be $252,000 in a sizzling summer, with a probability of 0.3, $61,000 in a cool summer with a probability of 0.2, and $170,500 in a normal summer with a probability of 0.5.
What is the expected annual revenue for the store?Expected annual revenue= $

Answers

Answer:

$173,050

Explanation:

Expected revenue = 0.3*$252,000 + 0.2*$61,000 + 0.5*$170,500

Expected revenue = $75600 + $12200 + $85250

Expected revenue = $173,050

So, the expected annual revenue for the store is $173,050

On January 1, 2019, Sandhill Corporation acquired machinery at a cost of $1290000. Sandhill adopted the double-declining balance method of depreciation for this machinery and had been recording depreciation over an estimated useful life of ten years, with no residual value. At the beginning of 2022, a decision was made to change to the straight-line method of depreciation for the machinery. The depreciation expense for 2022 would be

Answers

Answer:

$94,354.29

Explanation:

Depreciation rate = 100/10*2 = 20%

2019 Depreciation = 1290000 * 20% = $258000

2020 Depreciation = 1290000 * 80% * 20% = $206400

2021 Depreciation = 1290000 * 80% * 80% * 20% = $165120

Accumulated depreciation (2019 to 2021) = $258000 + $206400 + $165120 = $629,520

Depreciation expense for 2022 = (1290000 - 629,520) / 7

Depreciation expense for 2022 = 660480 / 7

Depreciation expense for 2022 = $94,354.29

Which item will appear on the credit side of ledger account?

a. Cash recived from a customer.

b. Services performed to a customer.

c. Purchases.

d. Rent Expanses.

Answers

I just looked it up and I think that it is a

The item that should appear on the credit side of the ledger account is the service performed to the customer.

The following information should be relevant:

The assets, expenses, and dividend account should always have the debit balance. The liabilities, revenues, and the stockholder equity contain the credit balance.Also, the purchase should have a debit balance.

Therefore we can conclude that the item that should appear on the credit side of the ledger account is the service performed to the customer.

Learn more about the ledger here: brainly.com/question/14976010

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