Question

In: Economics

For someone working full time providing health care management to a medium-sized hospital, about how much...

For someone working full time providing health care management to a medium-sized hospital, about how much extra revenue do you think that the worker provides to the hospital during a year? Give an example of how that revenue is generated.

Solutions

Expert Solution

If someone work full time to a medium-sized hospital probably there maynot be much extra revenue.Because if people work full time their prductivity will be reduce too much. If productivity reduced there may not be much profit. They might be working but they won't create any benefit to the society.This is applicable to the case for the health care management worker also.In a medium sized hospital they may not be able to give proper atmosphere to their workers like additional salary,health support etc.. So that productivity of the workers in that hospital will be reduced. In reality hospital maynot getting much revenue from it.


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