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Question: This assignment asks you to consider a scenario and apply economic health care concepts and principles to craft a presentation to inform decision makers regarding a proposed hospital expansion. Scenario Imagine that senior executives of the hospital where you are employed are considering a significant expansion of its emergency care center that is smaller than other centers in the metro area. You have been tasked with communicating health care economic principles that must be considered as they explore and make decisions regarding the project. There are a great many considerations when planning an expansion of this kind, such as building and finance costs, permitting, land acquisition, et cetera. Two critical considerations are the supply of emergency care services and the demand for health care workers. The executives are also interested in the revenue prospect. How will the patients pay? Who pays? Your task is to create a PowerPoint presentation that summarizes a high-level economic analysis that informs the board's decision-making by informing them about the supply and demand for emergency care services in the community, as well as quality measures. The information should inform the leadership's decision to pursue the next steps in the expansion evaluation
We know that a certain piece of equipment will cost $150,000 in 5 years. How much must be deposited today using 10% interest to pay for it?
What kinds of changes in underlying conditions can cause the supply curve to shift? Give some examples and explain the direction in which the curve shifts.
As part of the rehabilitation of the downtown area of a southern U.S. city, the Parks and Recreation Department is planning to develop the space below several overpasses into basketball, handball, miniature golf, and tennis courts. The initial cost i..
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ABC has a proposed project which will generate sales of 182 units at a selling price of $351 each. The fixed costs are $20,028 and the variable costs per unit are $79. The project requires $176,917 of machinery which will be depreciated on a straight..
1. Briefly explain the wealth maximization conceptions of social justice. What are its major advantages and shortcomings.
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Do you believe that the Federal Reserve should be controlled by Congress? Please Explain.
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