Medical Supply free essay sample

Consider a company that manages a network of hospitals across several counties in one state. Household incomes and the cost of living are higher in urban than rural areas. The company, however, has set the same prices for pharmaceuticals and services in all of its hospitals. It has also paid the same salaries for doctors, nurses, and other professional staff throughout the state. Assumptions: We assume that both, prices and salaries are set according to the cost of living of the region they are set for. This in mind and since prices and salaries of the hospital are equal in rural and urban areas, we assume that the management of the hospital network set prices and salaries according to the average of the living cost of rural and urban areas (= state average cost of living). Independent of how sophisticated the averaging of cost of living was, the average will always be higher than the cost of living in rural areas and lower than the cost of living in urban areas. We will write a custom essay sample on Medical Supply or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The supply of medical treatment, that is the capacity of a hospital, is inelastic as well as the number of positions necessary to supply the treatment. The number of hospitals does not change. Medical treatment refers to both, pharmaceuticals and services, and there combination. Deduction: The cost of living can be taken as price index, indeed is directly proportional to price. Question (a) Management has noticed that there are long waiting lists for treatment at its urban hospitals. Can you explain this problem? Supply and demand for medical treatment is shown in Fig. 1. The capacity of the hospital is fixed, that is the supply is inelastic. As already pointed out under the assumptions, the price for medical treatment in urban hospitals set by the management is according to the average cost of living of the state. Since we further assumed that the salaries of urban area population are according to the actual cost of living, we can also assume that the customer is willing to pay according to the higher cost of living in urban areas, hence, the price of medical treatment set by management is lower than the customer is willing to pay and leads to higher demand by the customers (see full demand curve in Fig. ). Since the hospital capacity is fixed, the higher demand causes a waiting list as shown in Fig. 1. An opposite effect could probably be seen in rural areas, where the price for medical treatment is high compared to the cost of living and could therefore lead to a lower demand as anticipated by the management. Fig. 1: Supply and demand for medical treatment in urban hospitals.

Review of The Age of Spiritual Machines by Ray Kurzweil essays

Review of The Age of Spiritual Machines by Ray Kurzweil essays In the first chapter of his book The Age of Spiritual Machines, author Ray Kurzweil gives a very brief history of the Universe, which serves as a preface for his subsequent theories. In this history, Kurzweil chronicles the rapid expansion of time between salient events in the history of the Universe, describing time, in his own words, as geometrically slowing (pg. 10). He then jumps head first into the history of evolution, and shortly thereafter of technology, in both of which the time between salient events is shrinking exponentially. This leads him to question the opposing nature of the trend (how can time be accelerating as applied to technology and evolution yet decelerating as applied to the very Universe which contains these?) as well as search for similarities between the trends. Thus is created Kurzweils first theoretical law, that of time and chaos. Kurzweils Law of Time and Chaos is as follows; In a process, the time interval between salient events (that is, events that change the nature of the process, or significantly alter the future of the process) expands or contracts along with the amount of chaos. (pg.29) In other words, as things become more chaotic as applied to a specific process it takes longer for significant events to occur within that process, and vice-versa. According to this law, the rate at which we advance technologically has, and will continue to, accelerate exponentially. What if this exponential growth hits a wall so to speak, as trends of the exponential variety frequently do? Kurzweil is quick to answer this question, which he knows will be raised quickly by most readers. According to the Law of Accelerating Returns, which states simply that as a process speeds up so do the returns from that process speed up as well, technology will continue to build upon and advance itself. As technology advances, we are able to create more technologically advanc...

Ganoderma lucidum Research Paper Example | Topics and Well Written Essays - 500 words

Ganoderma lucidum - Research Paper Example In ancient times due to its rarity and limited supply, Ganoderma, was usually almost exclusively reserved for royalty, emperors and kings (Ganoderma-online, 2012).Thanks to modern and strain specific cultivation techniques, Reishi is more affordable to produce and its accessible more to the average consumer. There are many potential health benefits and medicinal uses for long term users of Ganoderma Lucidum Modern research supports the myriad of naturally occurring medicinal and health enhancing compounds present in the Ganoderma mushroom family. Reishi consumed as a long-term health supplement is widely used for its ability to prevent many common health maladies that might affect the individual in the future (Staments, 1993). This fungi is well known for its immune system enhancing properties, its ability to ward of infections and regulate blood pressure, increase liver glucose metabolism as well as and normalizing blood glucose levels (Ganodermalucidumfacts, 2013).There are many ways to use Ganoderma such as in extract form, tea or a pill, but drinking Reishi mushroom in coffee form has become a very popular way to consume due the naturally bitter taste of its medicinal compounds similar in taste to plain coffee (Superganoderma, 2013). Ganoderma Lucidum contains compounds that encourage intra-cellular detoxification by accelerating and energizing cellular processes to help get rid of accumulated toxins within the cell membrane and the nucleus. By enhancing the user’s immune system and helping eliminate the body from accumulated toxins preventing the body from healing and operating normally, Reishi enhances the ability of the immune system to fight of the cancer cells. The polysaccharides and Germanium compounds present in the fungal body are largely responsible for the anti-tumor and anti-cancer properties present on Ganoderma Lucidum. Ganoderma is