The general trend in health care policy during the twentieth century has been _____
a. towards preventing the spread of communicable diseases
b. towards ensuring that pharmaceuticals and physicians are well-regulated
c. focused on general health care expenditures
d. focused on general public health issues
c
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On most days the price of a rose is $1 and 80 roses are purchased. On Valentine's Day the demand increases so that the price of a rose rises to $2 and 320 roses are purchased. Therefore, the price elasticity of
A) demand for roses is about 1.8. B) demand for roses is about 0.55. C) supply of roses is about 1.8. D) supply of roses is about 0.55.
A firm's technology may depend on which of the following factors?
A) the skill of its managers B) the training of its workers C) the speed and efficiency of its equipment D) all of the above