Which of the following statements about preferred provider organizations is NOT correct?

A) They operate on a fee-for-service basis.
B) Physicians who are part of a PPO are in private practice.
C) They offer health care services to their members at discounted rates that are negotiated in advance.
D) They offer health care coverage to low-income individuals.

Answer: D) They offer health care coverage to low-income individuals.

Business

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Happy Pet is a large pet food company that has convinced the retailers and the wholesalers of the New England area to resell its products

Happy Pet promises to reimburse the advertising costs to its retailers and wholesalers for advertising its products. This is an example of a ________. A) trade promotion B) point-of-purchase promotion C) sweepstake D) price pack E) advertising specialty

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The theory of absolute advantage destroys the mercantilist idea that international trade is a ________

A) positive-sum game B) zero-sum game C) negative-sum game D) win-win game

Business