Business, 06.11.2019 02:31 judyd452

The government wants to make medicare benefits available to more people, but to achieve this goal, it needs to make cuts in the existing medicare budget. the two areas where they are considering cuts are nonessential elective surgery and 6-12 month mental health care programs. applying the concept of diminishing marginal utility, the budget cuts should be made for spending on: a. elective surgery due to its lower marginal utility per dollar of expenditure. b. neither can be compared by measuring marginal utility. c. mental health therapy due to its higher marginal utility per dollar of expenditure. d. both programs, which have the same marginal utility per dollar of expenditure.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 11:00

Factors like the unemployment rate,the stock market,global trade,economic policy,and the economic situation of other countries have no influence on the financial status of individuals. true or false

Answers: 1

Answer

Business, 22.06.2019 12:40

When cell phones were first entering the market, they were relatively large and reception was undependable. all cell phones were essentially the same. but as the technology developed, many competitors entered, introducing features unique to their phones. today, cell phones are only a small fraction of the size and weight of their predecessors. consumers can buy cell phones with color screens, cameras, internet access, daily planners, or voice activation (and any combination of these features). the history of the cell phone demonstrates what marketing trend?

Answers: 3

Answer

Business, 22.06.2019 17:30

The purchasing agent for a company that assembles and sells air-conditioning equipment in a latin american country noted that the cost of compressors has increased significantly each time they have been reordered. the company uses an eoq model to determine order size. what are the implications of this price escalation with respect to order size? what factors other than price must be taken into consideration?

Answers: 1

Answer

Business, 22.06.2019 21:00

An important source of public scrutiny is "watchdogs." these are: the efforts of a firm's competitors, including how often the competitors attack the firm's strategies. taxpayer-supported government agencies that limit a firm's ability to compete in foreign markets. companies designated by the government to only produce products that support the government defense program. socially conscious groups that make it their mission to measure the social responsibility levels of businesses, and provide consumers with their opinions about the level of corporate responsibility of various companies.

Answers: 2

Answer

You know the right answer?

The government wants to make medicare benefits available to more people, but to achieve this goal, i...

Questions