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ANSWER each section below, answering each completely, using citations and references as appropriate.Each question should be a cohesive, thought-out ‘essay’ not just bulleted or shortened answers.Section 1Discuss how each of the following are major factors that affect EMERGENCY MEDICAL SERVICES: personnel, call volume, time on call, level of service, quality of service and response time. THEN, explain cost vs outcome.Section 2Based on your readings, describe the historical development of, and programs administered by, the Centers for Medicare and Medicaid Services.Section 3Define AND discuss the following terms as they apply to EMERGENCY MEDICAL SERVICES:1. Gross costs2. Net Costs3. Profit Margin4. Overhead5. Capital Expenditures6. For Profit vs Non-Profit7. Accounts Payable8. Accounts Receivable