Homework Answers
Netflix and Spotify accounts are considered to be collective goods (or club goods as sometimes called). Collective goods are excludable but non- rivalrous.
A person can be excluded from using these services of he/she does not pay the subscription amount. But once paid, using the good by one person will not reduce the quantity available for other people's use.
(option c)
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2. What kind of good is it? Determine whether each of the following goods is a private good, a public good, a common resource, or a club good. Private Good Public Good Common Resource Club Good A cabana along a beach that is open to the public A large, beautiful statue in a park A new keyboard for you to play in your friend's band Grade It Now Save & Co
2. What kind of good is it? Determine whether each of the following goods is a private good, a public good, a common resource, or a club good. Private Good Public Good Common Resource Club Good A cabana along a beach that is open to the public A new drone that you take turns flying with your friends A large, beautiful statue in a park
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FILL-IN-THE-BLANK 6. Two factors that are considered in determining what accounts require follow-up are , and the amount of the outstanding claims. 7. Two formulas used to assess the efficiency of A/R management activity includeand 8. Common reasons why accounts may be in aninclude: insurance verification is pending, chargemaster data are inaccurate, and coding from the medical record is delayed because of incomplete documentation. 9. The and department is responsible for monitoring and follow-up on outstanding accounts. 10. The first...
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