Author Question: Using the physician-control model to explain hospital behavior leads to which of the following ... (Read 5 times)

Arii_bell · **on:** Jul 1, 2018

Using the physician-control model to explain hospital behavior leads to which of the following conclusions?
a. Other medical inputs tend to be over used to maximize physicians' productivity.
b. The use of operating rooms will be maximized with little excess capacity.
c. Physicians will strive to utilize the nursing staff efficiently.
d. All investment decisions will be based on optimal resource use.
e. All of the above are conclusions of the physician-control model.

Question 2

Consider the two statements: I. X is an inferior good. II. X exhibits Giffen's Paradox. Which of the following is true?
a. I implies II, but II does not necessarily imply I.
b. II implies I, but I does not necessarily imply II.
c. I and II are statements of the same phenomenon.