A decrease in the price of bowling shifts the
A) demand curve for bowling balls leftward.
B) demand curve for bowling balls rightward.
C) supply curve of bowling balls leftward.
D) supply curve of bowling balls rightward.
B
Economics
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The correct expression for cost plus pricing is
A) Price = Cost (1 + profit margin). B) Price = Cost + profit margin. C) Price = Cost (1 + mark-up). D) Price = Cost + (1 + mark-up).
Economics
Which of the following is considered a "third party" within the medical services industry?
A) the patient B) the private insurance company C) the for-profit hospital D) the medical provider, i.e., physician
Economics