User Account

All Pages

Additional patient on the savc and satc

Assignment Help Business Economics
Reference no: EM131399092

Suppose that with 400 patients per year, the SAFC, SATC, and SMC of the operating a physician clinic are $10, $35, and $30 per patient, respectively. Furthermore, suppose the physician decides to increase the annual patient load by one more patient. Using short-term cost theory, explain the impact of this additional patient on the SAVC and SATC. Do they increase or decrease? Why?

Reference no: EM131399092

Questions Cloud

Defensive communication types : Defensive Communications For each of the following defensive communication types, discuss a time when a person engaged in this sort of defensive communication with you. Additionally, discuss the emotions you experienced in each defensive communicatio..
Organization production function : How your organization's production function is related to its marginal product of labor. How your organization's marginal product of labor is related to the value of its marginal product.
Tell me about yourself : Describe a time when you had to handle multiple, competing priorities -  Compose written responses to the questions below as if you were interviewing for the position you selected for your Job Vacancy assignment.
Write a c++ program that approximates the value of e : Using this formula, write a C++ program that approximates the value of e, using a while loop that terminates when the difference between two successive approximations is less than 10e-9.
Additional patient on the savc and satc : Using short-term cost theory, explain the impact of this additional patient on the SAVC and SATC. Do they increase or decrease? Why?
Relationship between use of nightlights and myopia : Can you think of possible explanations for the observed relationship between use of nightlights and myopia, other than direct cause and effect? What additional information might help to provide an explanation?
Describe their leadership and motivational traits : Select a known business leader that you believe demonstrates strong leadership traits and write a research paper on this individual. Describe their leadership and motivational traits. Describe what makes the leader effective.
Change in marijuana usage : There has been much discussion over whether marijuana should be legalized for consumption beyondmedical use. Assume that if it becomes legal the price will be cut in half. Given that Frank suggests theestimate of the price elasticity for marijuan..
Redo the bar graph using counts instead of percentage : Would the comparison of frequency of myopia across the categories of lighting be as easy to make using the bar graph with counts?

Reviews

Write a Review

Business Economics Questions & Answers

  The tradeoffs you face with differentiation and the cost

This week, you have a car to sell. You want to purchase a new vehicle and the dealer is offering you, well, almost nothing for the car you have now. So you’re going to sell it outright. Describe the competitive positioning you face and are going to t..

  Other things equal-increasing home prices tend

Other things equal, increasing home prices tend to:

  Utilizing the standard is-lm model

Utilizing the standard IS/LM model, elucidate how the scope of monetary policy to change real economic activity in the short run depends on the private sector reaction to interest rate changes.

  Suppose protective tariff on shirts is initiated in country

Suppose a protective tariff on shirts is initiated in Country X, which had been importing them from Country Y. Among the following groups, who gains an who loses (short term)?

  Simulataneous equation system in supply and demand

Consider the following system of simulataneous equation system in “supply and demand form”: y1 = γ1 + α2 y2 + β1z1 + u1 y2 = γ2 + α1 y1 + β2z2 + u2 (i) Is the above system identified? Show this using the order-condition for identification.

  Cause the demand curve to be positively sloped

A change in which one of the following factors may cause the demand curve to be positively sloped?

  How the combination of globalization

Explain, including using examples, why the world’s living standards were stagnant for many years prior to the Industrial Revolution, and how the combination of globalization & the Industrial Revolution disrupted this situation.

  Which arguments is president using to justify trade

Which of following arguments is president using to justify trade restriction on ball bearings.

  What was the nominal interest c rate

Suppose that in January 2014, Joe Biden had borrowed $50,000 from his bank and paid an interest rate of 3%. He paid it back on December 31, 2014. What was the nominal interest C rate that Mr. Biden paid to his bank? (1) What was the real interest rat..

  Which firms in the mutual fund industry

What additional benefits are possible for people in the private system and why? Which firms in the mutual fund industry might not be approved by the federal government and why?

  What is the rate of depreciation in this economy

You observe the following facts about a fictional economy: The capitaloutput ratio is 3. The country uses 15% of GDP to replace depreciated capital. The average growth rate of the economy is 2.5 percent. What is the rate of depreciation in this econo..

  Write out the estimated regression equation for heating area

Write out the estimated regression equation for heating area based on wattage and what does the value of the regression coefficient "b" tell us in this situation?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd