Answer: HMO: Primary Care Physician, In network only
PPO: Referral requirements, Out of network doctors
Explanation:
A competitive market refers to a market where there is no monopoly of producers of goods and services, therefore, competition is high because they all have mission to satisfy the wants of a large consumers.
The characteristics of a competitive market are:
- Homogeneity of product: The product are made by different producers and encourages competition.
- There are existence of many buyers and sellers in the market.
- There is an access to derive perfect information on price of a product at any outlet in the market.
- There are no charges for transaction costs in a competitive market
- No barriers to entry into or exit.
In conclusion, there is no producers which can affect the market price through its supplying rate because there are excess supply of similar product in the market.
Learn more about competitive market here
<em>brainly.com/question/7024827</em>
Answer:
a) X1=5.64
X2=4.57
X3= 8.59
Optimal solution=104.77
b) Additional hour on machine 3 = 105.42 – 104.77 = 0.64
c) Additional 15 hours on machine 2 = 105.37-104.77 = 0.6
Explanation:
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Answer:
The improper usage or treatment of a thing, often to unfairly or improperly gain benefit. Abuse can come in many forms, such as physical or verbal maltreatment, injury, assault, violation, unjust practices, crimes, or other types of aggression.
Explanation: