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Screenshots of problems I need help with. Excel File Edit View Insert Format Tools Data Window Help 25% Tue 8:15:57 AM Q DE AutoSave OFF

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Excel File Edit View Insert Format Tools Data Window Help 25% Tue 8:15:57 AM Q DE AutoSave OFF health_PS3 (3) Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments * Office Update To keep up-to-date with security updates, fixes, and improvements, choose Check for Updates. Check for Updates L2 + X V fx D E G H K M N P Q R S T Long-Run vs. Short-Run Decision-Making for a Hospital AWN The figure below depicts a hospital's long-run average total cost curve (the dashed line) and three possible short-run average cost curves. Answer the questions below the figure Long-Run SR, ATC Curve SR, $4250 - $3240 $2070 170 220 320 470 550 Weekly Discharges 5 Questions: 7 1. Suppose the hospital has 320 weekly discharges, and is in long-run equilibrium. 48 What is the cost per discharge? 50 98 82 8 8 62. Above what number of weekly discharges would the hospital consider changing from the long-run combination of inputs that corresponds with SR2 to a combination that corresponds with SR3? 58 HC Labor Choice Supply-Induced Demand LR vs. SR Decisions Measuring Market Power Price Controls + Ready downl NOV 24 P X W Q4X 25PVCNExcel File Edit View Insert Format Tools Data Window Help 25% Tue 8:16:03 AM Q DE AutoSave OFF health_PS3 (3) Home Insert Draw Page Layout Formulas Data Review View ? Tell me Share Comments * Office Update To keep up-to-date with security updates, fixes, and improvements, choose Check for Updates. Check for Updates L2 + X V fx B C D E G H I J K L M N P Q R S 45 Questions: 46 1. Suppose the hospital has 320 weekly discharges, and is in long-run equilibrium. 48 What is the cost per discharge? 2. Above what number of weekly discharges would the hospital consider changing from the long-run 7 combination of inputs that corresponds with SR2 to a combination that corresponds with SR3? 8 8 2 8 8 8 64 5 3. Suppose the hospital experiences a sudden decrease in discharges, to 170 per week 66 67 3a. In the short run, what would happen to the cost per discharge? 68 3b. What would happen to the cost per discharge in the long run, assuming the patient load remained at 170 discharges per week? Briefly explain. HC Labor Choice Supply-Induced Demand LR vs. SR Decisions Measuring Market Power Price Controls + Ready + 75% downla NOZD NOV 24 P X W 3-84X9 25PVCN

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