LSUS MHA 710 Economics Exam 3 Questions With Correct Answers.
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Course
LSUS MHA 710
Institution
LSUS MHA 710
LSUS MHA 710 Economics Exam 3
Questions With Correct Answers.
Which of the following characteristics is true of the pharmaceutical industry? -
answerExclusive rights to market & sell patented products.
The tax fully dedicated to provide support for Medicare Part A is: - answerA 2.9 percent
pay...
In order to be a successful price discriminator, a provider must have a degree of market power
(depicted by a downward-sloping demand curve) & meet what other condition(s)? -
answer✔Markets must be segmentable, identifying differences in ability to pay.
The merger of 2 community hospitals located in the same geographic market is called: -
answer✔Horizontal integration.
One of the primary reasons that costly technology is being introduced into the health care system
is: - answer✔Third-party insurance finances most of the cost of care.
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