Ane eyring works for pharmameds, inc. jane is a physician-scientist who is responsible for running the pilot tests on pharmamed's new oral spray medication for individuals with adult onset diabetes. jane has discovered that if those in the test group do not spray the medicine correctly or if they spray for too short of a time, the medicine is not effective, or as effective, and insulin shock has resulted in a few of the patients. jane talks with one of her colleagues who responds, "look, there's no need to stop the testing or the drug's release. just tell them in the test and in the brochures that will be with the spray, ‘spray correctly! if you do not, you may not receive your necessary dose.'" jane is not sure anyone can be 100% accurate in spraying all the time. what risks does the company run if the spray doesn't work for the patients?

Consider how health insurance affects the quantity of health care services performed. suppose that the typical medical procedure has a cost of $160, yet a person with health insurance pays only $40 out of pocket. her insurance company pays the remaining $120. (the insurance company recoups the $120 through premiums, but the premium a person pays does not depend on how many procedures that person chooses to undergo.) consider the following demand curve in the market for medical care. use the black point (plus symbol) to indicate the quantity of procedures demanded if each procedure has a price of $160. then use the grey point (star symbol) to indicate the quantity of procedures demanded if each procedure has a price of $40. q d at p=$160 q d at p=$40 0 10 20 30 40 50 60 70 80 90 100 200 180 160 140 120 100 80 60 40 20 0 price of medical procedures quantity of medical procedures demand if the cost of each procedure to society is truly $160, the quantity that maximizes total surplus is procedures. economists often blame the health insurance system for excessive use of medical care. given your analysis, the use of care might be viewed as excessive because consumers get procedures whose value is than the cost of producing them.

Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance

If a business is in need of working capital, one option is to use a(n) that will buy the company's account receivables and then handle their collection for a fee.