Use the data from the table below to answer the questions that follow regarding the supply behavior of a theoretical, prot-maximizing, price-taking home health services provider: Quantity of home health visits Total Cost C 10 15 25 45 70 155 210 295 360 450 A. Assume a market price of $25 per visit. At What level of supply (in terms of visits) will prots be maximized? B. What are the estimates of the marginal revenue and marginal cost of production at the profitmaximizing level of supply identied in question 1(A)? C. If the market price increases to $45 per visit, at What level of output (in terms of visits) Will prots be maximized? D. Now, assume that this provider is NOT a prot-maximizing producer of home health visits, but is rather an output-maximizing producer, such as the case with many not-for- prot organizations. Under each pricing scenario described previously ($25 vs. $45), What would be the predicted supply of such an organization? E. Based on the results from question 1(D), how do the supply choices of each type of organization (protmaximizing vs. outputmaximizing) compare? Describe the predicted effect of the following changes on the shortrun supply of health services by a prot-maximizing medical rm: a. Substitution of more productive input(s) for less productive inputs in the health services production process Reduced total xed cost of production Reduced average variable cost of production Increased cost associated with the use of variable production inputs Increased market price for the medical rm's output sup-cs:- Over the past 30 years, the total number of US. hOSpitals has declined from 7,000 to around 5,700 while the total number of commissioned beds has declined by more than 30%. Using the theory of producer supply as a guide, provide at least three possible explanations for these observations. XYZ hoSpital is initially producing Qo units of services at a market price of P0 and is earning a normal economic prot as a result in the short:mn. Then, a_s_a_r_es1_11t_ pi: local market shortages of health professionals, employee wages at the hoSpital increased. Trace the effect of this wage increase on the level of supply and prot earned at XYZ in the shortzmn