Production Theory

Purpose

This assignment is intended to help you learn to do the following:

Don't use plagiarized sources. Get Your Custom Essay on
Production Theory
Just from $13/Page
Order Essay

Develop the production function and determine how the efficient use of factor inputs can be determined by marginal product and marginal factor cost analysis.
Explain the demand for factor inputs within the production function such as labor and capital that will optimize the efficient use of resources.
Review different rules of differential calculus that can be used to solve problems and determine optimum production resource utilization conditions.

Overview

It is estimated that by 2030 there will be a physician shortage of approximately 120,000 physicians in the US. Lack of residency opportunities is one factor that has contributed to slow growth in the supply of physicians.  Two contributing factors of demand in healthcare are a rise in the U.S. population and the aging population base.  The U.S. population is expected to grow to 360 million people in 2030 and the age of people over 65 years is estimated to comprise 50 percent of the new growth. Not only will the patient demographics be skewed towards the geriatric population, but medical services will need to be geared towards this aging population. To take things a step further, the physicians who currently make up a vast majority of the physician workforce today will be retiring by 2030.  These conditions will contribute to widening the gap between patients and their access to physicians that provide healthcare services.

There have been several suggestions or corrective actions being offered in an attempt navigate away from the impending crisis. Some have called for allowing allied health professionals such as physician assistants and nurse practitioners to take on more patient responsibility within medical practices. Other medical support services, such as nutritionists/dietitians, medical social workers, and pharmacists might also be interwoven to a healthcare team that would help to maintain proper levels of medical service. There may also be other important components that are impacting patient demand and service supply availability.
Action Items

Compose a two- to three-page paper in which you:
Consider the Overview information provided above.
Develop a healthcare production model that would attempt to meet the rise in healthcare demand with the current level of physicians and that would properly service the healthcare system in 2030.
Include alternative medical staff with different skill levels that could provide healthcare services.
Include the different cost levels of labor among the different technical skill sets.
Cite a minimum of three scholarly resources.
Format your paper according to the standards found on Purdue Online Writing Lab: APA Formatting and Style Guide. Submit your work by the due date indicated. For more information on Production Theory see this: https://en.wikipedia.org/wiki/Production_(economics)

Production Theory

Grab 16% Discount On This Paper
Pages (550 words)
Approximate price: -

Why Choose Us

Quality Papers

ACME Homework provides the best top-grade academic writing services in compliance with our customers’ instructions. Have your paper written by a certified professional online college homework help writer to produce only high-quality essays with zero plagiarism.

Professional Academic Writers

You can now choose from a pool of online college homework help writers. Choose your writer and have them write the best content for you. ACME Homework has, over the years, secured a team of the most reliable, experienced, and qualified writers. You can, therefore, trust that your assignment is in good hands.

Affordable Prices

We know that students have very limited budgets. And for that, we always strive to provide only the best, most affordable online college homework help services to our customers. Our goal is to provide top-quality assignment help services to all customers at the lowest, most affordable prices.

On-Time delivery

At Acmehomework.com, we pay strict attention to deadlines. We recommend you to check out clients’ reviews for assurance that we will complete your assignments within the set deadlines. You can, therefore, trust that your paper will be done within and before the set deadline. Until now, we have not missed a single deadline.

100% Originality

Our Acmehomework.com homework helper experts write only 100% original and plagiarism-free content for all of our clients. We also have a Quality Assurance Department team that goes through all work submitted by our writers multiple times. You can, therefore, rest assured that any signs of plagiarized or unoriginal content will be rejected before it reaches your portal.

Customer Support 24/7

Acmehomework.com expert writers are always available 24/7 for customers who need assistance with using our website. You don’t have to check your watch the next time you want to have your assignment written. Our customer support is always available round the clock and ready to listen to your queries. Feel free to contact us via the Chat window or support email: support@acmehomework.com.

Try it now!

Grab 16% Discount On This Paper

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

For years now, Acmehomework.com has stood as a leader in providing its customers with the best online college homework help service in the industry. And all you have to do is provide us with the details of your order. Leave everything else to us. We’ve always got you covered.

Essays

Essay Writing Services

Since we launched, Acmehomework.com deserved the best online “college homework help status” thanks to our essay ordering, writing, and delivery process. We deliver nothing but excellence in our results. Our essay writing services include impeccable grammar, zero-plagiarism, proper structure, and conformance to guidelines.

Admissions

Admission and Business Papers

Our top-quality online college homework help services guarantee that you will be accepted into your desired university. You just need to fill out your admission and business papers, and our team of online homework help workers will handle the rest. We will help you achieve and secure the best positions in your admissions forms.

Editing

Editing and Proofreading

At Acmehomework.com, we have a skilled writing and editing team that’s dedicated to creating, editing, and restructuring for all types of papers. Our online college homework help editing and proofreading team will check, paraphrase, and correct any grammar mistakes on your paper before submitting the final document to you.

Coursework

Technical Papers

At Acmehomework.com, we pride ourselves in having writers in almost all fields, even the most technical ones. You never have to worry about your paper being too technical for our certified online college homework help writers to handle. ACME Homework’s team of writers can handle even the most complex writers. We will match your paper to the most competent writer that we believe will handle your paper the best way possible.

                                                                                     Place Order