How fee for service reimbursement affect number of admission
How would fee for service reimbursement affect the number of admissions, the average length of stay, the volume of services per day, and the unit cost of services (cost per service) for a hospital.
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Lee has the utility function U(x1,x2) = (x1+1)(x2+4) The price of x2 is $1. Lee spends all his income to buy 6 units of x2 and no x1. What is the minimum level of the price of x1 compatible with these facts?
Wakefield Home is a private not-for-profit healthcare organization offering services for a fee. In the first quarter of 2011, Wakefield Home rendered services of $300,000 to patients.
The company estimates that 14% of accounts receivable will not be collected over the next year. Record the adjustment for uncollectible accounts.
Suppose that Max's income level is 10. Derive Max's demand function for x1. Is x2 a substitute of x1 or a complement of it?
Prepare a table that computes the total cost and marginal cost for each quantity between 1 and 10 units.
Collier borrowed $350,000 on October 1 and is required to pay $360,000 on March 1. What amount is the note payable recorded at on October 1 and how much interest is recognized from October 1 to December 31?
When offered C($1000, p=0.20) and D($1200, p=0.18), she prefers gamble D. Show that these choices are inconsistent with expected utility maximization.
How much milk will Sheila buy per week? How would your answer change if the price of coffee rises to $2 per week? Illustrate your answers graphically.
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