Charging higher prices for one category of patients in order to provide free or subsidized care to another group is called
a. price discrimination.
b. cost-shifting.
c. categorical costing.
d. reprehensible and unethical.
e. creative accounting.
B
Economics
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U.S. households use about 75 gallons of water per capita per day on the average because
A) the price they must pay for water is low. B) there is so much fresh water in the U.S. C) they use water in irrational ways. D) water is a basic necessity of life. E) water is a basic right.
Economics
Consider a manufacturing operation that uses specialized machinery and labor to produce its output. In this case, the input that is not fixed in the short run is labor
Indicate whether the statement is true or false
Economics