Marginal external cost Study guides, Class notes & Summaries

WGU C429 Healthcare Operations Management Exam Questions and Answers Updated 2024/2025 Scored A+. Supply-side rationing is used by universal healthcare, HMO's and ACO's to cut down on A) Duplication of Effort B) Access to specialists C) Decrease provider communication D) Cost C An ACO (Accountable Care Organization) earns additional money by: A) Setting a flexible fee schedule B) Getting a share of money it saves Medicare C) Producing better patient results D) Both C & B D All Americ...

Backwards vertical integration a joining together into one firm of two or more firms where the purchaser merges with/takes over one or more of its suppliers Conglomerate integration a joining together into one firm of two or more firms producing unrelated products Demerger when a firm splits into two or more independent businesses Divorce of ownership from control when managers and directors of a business are different from the owners of a business (the shareholders) ...

Managerial Accounting, 16e (Garrison) Chapter 1 Managerial Accounting and Cost Concepts 1) A factory supervisor's salary would be classified as an indirect cost with respect to a unit of product. Answer: TRUE Difficulty: 2 Medium Topic: Cost Classifications for Assigning Costs to Cost Objects Learning Objective: 01-01 Understand cost classifications used for assigning costs to cost objects: direct costs and indirect costs. Bloom's: Understand AACSB: Reflective Thinking AICPA: BB Criti...

UNT ECON 1100 EXAM 2 ACTUAL COMPLETE SET QUESTIONS AND EXPERT REVISED ANSWERS >> ALREADY PASSED Price controls such as price ceilings and price floors: - ANSWER : cause surpluses and shortages to persist since price cannot adjust to the market equilibrium price. Ceteris paribus, an effective (binding) price floor for a good leads to: - ANSWER : surpluses of the good. The efficient level of an activity is at the point where: - ANSWER : marginal benefit is equal to marginal ...

PJM Sample Test Review | 150 Questions with 100% Correct Answers | Verified | Latest Update 2024 Real time transmission constraints or contingencies may be alleviated with generators operating ______________ ANS-off cost out of merit. Monitoring ___________ may give insights into system constraints. ANS-Monitoring LMP's PJM calls for _____________ reserves to recover ace so that tie line schedules are maintained. ANS-PJM calls on synchronized reserves If not cancelled by PJM, the mini...

Chapter 05 Test Bank – Static Key Multiple Choice Questions 1. Each of the following responsibility centers and decision rights are correctly matched, except: A. Cost center—input mix B. Investment center—capital invested C. Profit center—capital invested D. Investment center—product mix E. Profit center—input mix Cost centers have decision rights for the input mix; profit centers for input mix, product mix, and selling prices; investment centers for input mix...

In a competitive market, no single producer can influence the market price because a. many other sellers are offering a product that is essentially identical. b. consumers have more influence over the market price than producers do. c. government intervention prevents firms from influencing price. d. producers agree not to change the price. - a. many other sellers are offering a product that is essentially identical. 3. The short-run supply curve for a firm in a perfectly competitive marke...

FIN 3400 Chapter 11 Assignment Questions and Answers- Florida International University What does a firm-wide WACC represent? Multiple choice question. A firm's overall cost of financing A firm's overall rate of return The current yield on a firm's outstanding debt A firm's expected return on its investments A firm funds its operations with $50 of common stock, $30 of preferred stock, and $40 of debt. The component costs are: common = 12 percent; preferred = 10 percent; pretax debt = ...

absolute advantage - CORRECT ANSWER when a country (or person) can produce more of a good than another country (In this picture England has absolute advantage in both goods) accounting profit - CORRECT ANSWER profit computed using only explicit costs (Acct Profit = Total Revenue - Explicit Costs) marginal external costs - CORRECT ANSWER additional costs incurred by third parties outside the production process when a unit of output is produced adverse selection - CORREC...

Compensation, 13e (Gerhart) Chapter 3 Defining Internal Alignment 1) Which of the following is true of internal alignment? A) It is the first issue in a strategic approach to pay. B) It is often referred to as distributive justice. C) It focuses on customer satisfaction and business growth. D) It addresses relationships inside an organization. Answer: D Difficulty: 2 Medium Topic: Compensation Strategy: Internal Alignment Accessibility: Keyboard Navigation 2) Common bases for modern pay...