Last nurse hired treated extra patients in a year

Assignment Help Business Economics
Reference no: EM1310408

Q. A clinic uses doctors also nurses optimally also is servicing the maximum number of patients given a limited annual payroll. The last doctor hired treated 1,600 extra patients in a year, while the last nurse hired treated 1,000 extra patients in a year. Using marginal analyses discuss the following also enlighten your answers.

a. If doctors make $40,000 a year, Illustrate what do nurses make?

b. Is it a correct decision if doctors make $80,000 a year also nurses make $40,000 a year? Enlighten.

c. Is it a correct decision if doctors make $50,000 a year also nurses make $40,000 a year? Enlighten.

d. Is it a correct decision if doctors make $64,000 a year also nurses make $40,000 a year? Enlighten.

Reference no: EM1310408

Questions Cloud

Find out the initial speed of the bullet : The bullet passes right through and emerges on the other side with a speed of 100 m/s, and the saxophone is given a speed of 4.8 m/s.
Describing off-balance-sheet assets : What do you mean by off-balance-sheet assets? Recognize the 4 major categories of off-balance-sheet business and use the suitable example to describe each category.
Biopsychosocial risk factors : Describe the biopsychosocial risk factors related with alcohol dependence.
Multiple choice question of market research : Multiple choice question of market research.
Last nurse hired treated extra patients in a year : The last doctor hired treated 1,600 extra patients in a year, while the last nurse hired treated 1,000 extra patients in a year.
Compute the average coefficient of linear expansion of rod : A uniform plank of length 4.50 m and weight 275 N rests horizontally on two supports, with 1.1 m of the plank hanging over the right support. To what distance x can a person who weighs 456 N walk on the overhanging part of the plank before it just be..
Completing the social psychology concept matrix : Completing the Social Psychology Concept Matrix or template given, a paper in which you:
Computation of value of call option and put option : Computation of value of call option and put option and What is the value of following options
Government create monopoly power via its patent system : Elucidate why does the government create monopoly power via its patent system, when elsewhere it spends millions trying to prevent the emergence of or regulate monopoly power.

Reviews

Write a Review

Business Economics Questions & Answers

  Workers marginal product

You are using a sample size of 15 for your charting purposes. Which of the following is the upper control limit D4 factor for the chart.

  Supplier to the furniture producer

If you were a supplier to the furniture producer, would have chosen to see the analysis performed in physical sales units rather than dollars of revenue.

  Roscoes rascals match

Should Roscoe's Rascals match the price offered by the competitor.

  Under cost controls rationing is as inefficient

Assuming that under cost controls rationing is as inefficient as possible while under the quota, the allocation is as inefficient as possible.

  An open economy with a fixed exchange rate

An open economy with a fixed exchange rate follow a money growth rule successfully if capital moved freely across its borders..

  Price elasticity of demand and price elasticity of supply

Price Elasticity of Demand and Price Elasticity of Supply at the equilibrium point.

  Relationships between strong monotone and non-satiation

Illustrate what are the relationships between strong monotone and non-satiation. Also illustrate what are the relationships

  Explain how many ships should be produced month

Explain how many ships should be produced month if world chip costs are $62 per chips. Forecast the HSE's profit at this output level.

  United states trades

Who has the comparative advantage in what product. Once they specialize, how much does output increase. What are the terms of trade if the United States trades 1 can of soda for 5 units of clothing.

  Breakeven price for the toy truck

At present, the original manufacturer is deciding either they should continue production of toy truck.

  Construction of handmade rugs

Consider the construction of handmade rugs moreover assembly line robots in Canada and India.

  Economic analysis section of a business proposal

Their banks are holding back credit so it is harder for businesses to invest and for consumers to spend

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!

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