Oversupply of two of the specialties

Assignment Help Business Economics
Reference no: EM131577054

Part 1:

Consider the following scenario:

Your daughter complains of a sore throat for the last two days and has a temperature of 102F. The day care center will not allow you to bring her in due to the fever and the concern over strep. Your co-pay for an office visit to the pediatrician is $20.00. You call to make an appointment and cannot be scheduled for at least a week. The pediatrician's partner can see her tomorrow or you could take her to the emergency department of the local hospital, but the co-pay is $100.00.

What do you do? How will you balance your daughter's health care needs with the cost for treatment, and the cost of missing work until she has recovered?

Part 2:

Explain why there is an oversupply of two of the following specialties.

  • Orthopedic surgeons.
  • Cardiologists.
  • Radiologists.
  • Anesthesiologists.

Explain why there an undersupply of one of the following three specialties.

  • Primary care physicians.
  • Nurses.
  • Pharmacists.

To get credit for your post, be sure to address two oversupply specialties and one undersupply specialty, in detail.

Use APA format and Make sure to include the source citations and references.

Reference no: EM131577054

Questions Cloud

Which minterms are represented by cells adjacent to the cell : Draw a K-map for a function in four variables. Put a 1 in the cell that represents w¯xyz¯.
Famous pizzeria in town : Below are a series of "changes" in the market for pizza where Marginal Pizza operates. For each of the changes, please provide the following two things:
Discuss paper''s topic cyber bullying : Research paper must be in APA format and includes, Cyber Bullying
Welfare has improved by 10-percent over the year : Explain why we cannot necessarily conclude that the typical Canadian's welfare has improved by 10-percent over the year.
Oversupply of two of the specialties : Explain why there is an oversupply of two of the following specialties.
What was the cost of raw materials : What was the cost of raw materials put into production during the year? What was the cost of goods manufactured for the year
Debate outline create a series of comments or a crib-sheet : Attitudes toward the United States, Global prosperity is at its highest point in the past decade
Define both abstract methods inherited from disease class : Each of these classes extend the Disease class. Each of these class must define (override) both abstract methods inherited from disease
Production technology is given by the production function : Where L represents labor hours, K machine hours and q the amount of output. The market wage and rental rates are, w= $25 and r = $100.

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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