ECO HC 561 week 2 Learning Team Business Proposal Project Paper - 13045

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Writea paper of no more than 1,050 words in which you do the following:

 

·         Tellthe story of a fictional firm that provides health care services.

 

o    Choosea specialty health care service with which your team may become familiar.

o    Use library resources to research the market and individual firms for this service.

o    Explain how resourcescarcity influences this market and describe choices stakeholders are forced to make.

o    Describe economic flows that may affect the firm.

o    Describe some causes of change in supply and demand, and how they affect equilibrium price and quantity.

o    Explain if pricing decisions for this market are elastic or inelastic. How does that affect decisions?

 

·         Write a business proposal, including the following:

 

o    Describe a market in which this service has a shortage of providers.

o    List services your firm provides.

o    Explain how you set each service’s price.

o    Explain who you must hire and how much you will pay them.

Solution Description

Writea paper of no more than 1,050 words in which you do the following:

 

·        

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Eco Hc 561 Week 2.docx
Eco Hc 561 Week...