Figure 3-22
b
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Which of the following statements is TRUE?
A) All monopolists are perfect price discriminators. B) All monopolists earn short-run economic profits. C) A monopolist will leave the market if it incurs an economic loss in the long run. D) A monopolist does not need barriers to entry to sustain a long-run economic profit.
If successive units of a good are consumed, the marginal utility gained typically:
A. increases at the same rate for all people. B. increases at different rates for different people. C. decreases at the same rate for all people. D. decreases at different rates for different people.
The health maintenance organization where the physicians are salaried employees of the HMO is called
a. a group-model HMO. b. a staff-model HMO. c. a network-model HMO. d. an IPA. e. a direct-contract HMO.
The main purpose of HMOs and PPOs is to:
A. reduce health care costs for employers and their employees. B. reduce medical malpractice suits. C. enable groups of physicians to increase their fees. D. direct patients to specialists rather than to more expensive primary-care physicians.