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
Answer: B
Economics
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"Duopoly" is
A) another name for monopoly. B) a special type of monopolistic competition. C) a two-firm oligopoly. D) a game with three players. E) the situation when a firm sets a duo (two) of different prices for its customers.
Economics
Suppose the country of Dingo experienced an economic trough in January 2011. We can conclude that
A) real GDP in Dingo was increasing in January 2011. B) an expansion occurred after January 2011. C) Dingo did not experience a recession in 2010. D) Dingo's potential GDP fell in 2011.
Economics