Price of breast reconstruction and breast augmentation

Assignment Help Business Economics
Reference no: EM13818008

Price of Breast Reconstruction vs. Breast Augmentation

Two similar surgeries, breast reconstruction and breast augmentation, have different prices. Breast augmentation is cosmetic surgery not covered by health insurance. Patients who want the surgery must pay for it themselves. Breast reconstruction following breast removal due to cancer is covered by insurance. The price for one of the surgeries has increased by about 10% each year since 1995 while the other has increased by only 2% per year. Which of the surgeries has the lower inflation rate and why?

Reference no: EM13818008

Questions Cloud

Determine the proper adjustments : Because accounting often requires estimates to be made to assess the effect of a transaction, the shorter the time period, the easier it becomes to determine the proper adjustments.
Explore the role of deception and ethics in negotiation : Explore the role of deception and ethics in negotiation. Cite at least two examples of possible deception in the President Obama and Iranian leaders' negotiation
Costs of the new layout compared to the current layout : You are considering two alternative plant layouts, A1 and A2, to improve its current layout. The cash flows are shown below. The first costs represent the expenses of rearranging the current layout to the alternative new layout and the annual savings..
Finds that the marginal utility : In spending all his income on beer and pizza, Fred finds that the marginal utility of the last pizza is currently 8, the marginal utility of the last bottle of beer is 4, and the price of a bottle of beer is $1.50. If Fred has maximized his utility, ..
Price of breast reconstruction and breast augmentation : Two similar surgeries, breast reconstruction and breast augmentation, have different prices. Breast augmentation is cosmetic surgery not covered by health insurance. Patients who want the surgery must pay for it themselves.
Botox and migraines : Botulinum toxin, marketed under the brand name "Botox" is a drug that paralyzes muscles into which it is injected. It is one of the few promising treatments for migraine headaches, which affect about 10% of the population. Migraine headaches are debi..
Problem related to the internal control environment : Compare the existing internal control environment at Microsoft to management's responsibility for designing effective internal controls outlined in the textbook, and identify the deficiencies that existed.
Describe the concept of force-field analysis : Describe the concept of force-field analysis and the forces that either drive or restrain the change process. Using the force-field analysis model, discuss a change initiative that you are familiar with.
Day care incentives : A manager of a day-care center in Christchurch, New Zealand has a clearly stated policy that parents are supposed to pick up their children by 4pm (16:00). But often parents are late. Each week, there is an average of eight late pickups. To combat ta..

Reviews

Write a Review

Business Economics Questions & Answers

  Who might be opposed to a system of merit pay

A current database in education is whether teachers should be paid on a standard pay scale based solely upon their years of training and teaching experience, or whether part of their salary should be based upon their performance

  Explain the mutiplier effect

Explain the Mutiplier Effect. Try to explain it in some detail so that someone who did not know anything about economics would be able to gain a fundamental understanding of it. Use a visual aid to help the observer understand the concept.

  Economies of scale and diseconomies of scale

Indicate whether there will be economies of scale, diseconomies of scale, or constant returns to scale if the facilities are built optimally.

  Making about the quantity theory of money theory

If the money supply increases, show with should happen if we assume we live in a classical world. With assumptions are you making about the quantity theory of money theory?

  Q1 describe what we mean by greening and thinking green

q1. describe what we mean by greening and thinking green. list several ways that people and businesses in the green

  Net cash flow after tax

The Performance by Patrice (PbP) Company purchased a Centaur Computer controlled manufacturing milling machine for $635,000 for use in its rear end manufacturing operations on November 8, 2007.

  Is the laundry practicing price discrimination

A woman complained to "Dear Abby" that a laundry charged $1.25 each to launder and press her husband's shirts, but for her shirts - the same description, only smaller - the laundry charged $3.50. When asked why, the owner said, "Women's blouses cost ..

  Suggests a methodology for recommending a solution

Draft a research proposal to identify the problem also suggests a methodology for recommending a solution.

  What students remembered fron introductory macroeconomic

what his students remembered fron introductory macroeconomics about the creation of money. He reported that few students were confident enough or remenbered enough to reply correctly to his question.

  How does stakeholders satisfaction affect triple constraint

How does stakeholders' satisfaction affect triple constraint. What would you do to prevent changing project requirements that might lead to scope creep.

  What factors might account for the increase in the earnings

What factors might account for the increase in the earnings of college-educated workers vis-vis high school graduates and dropouts over the last three decades?

  Property of diminishing marginal product

Which of the following possibilities is consistent with the property of diminishing marginal 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