Which of the following terms is defined as the difference between the prescription cost and the selling price?

Overhead
Discount
Net profit
Markup

Markup

Rationale: Markup is the difference between the prescription cost and the selling price. Overhead is a sum of all expenses. A discount is a deduction from the original price. Net profit is the selling price minus the cost of the product sold, minus expenses associated with selling the product.

Health Professions

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If an experiment produces a result having a p value less than 0.05, what is the probability that any differences found would have been observed even if the null hypothesis is true?

A) Less than 1 chance in 10 B) Less than 1 chance in 20 C) Less than 1 chance in 100 D) Less than 1 chance in 200

Health Professions

Serum vitamin B12 is highly unstable when exposed to light and can tolerate only a single absorbance reading before breaking down. Therefore, it is not possible to generate a standard curve for B12

When the concentration of B12 must be ascertained in a patient specimen, how should the technician go about doing so? A) Calculate the concentration of B12 directly from its absorbance in the solution using Beer's Law. B) Determine the Km and Vmax of B12 and apply those values to Ohm's Law to calculate the concentration of B12. C) Generate a standard curve using a more stable vitamin of similar chemical structure. D) Measure transmittance of B12 and create a standard curve using transmittance against concentration.

Health Professions