Which of the statements below best expresses the relationship between the cost of a medical education and the fees charged by physicians?
A) The greater the average cost of a medical education, the higher will be the fees physicians charge.
B) The greater the cost of a physician's education in both money and effort, the higher will be the fees they can legitimately set for their services.
C) The greater the cost to physicians of a medical education in both money and effort, the higher will be the fees they will charge in order to recover the costs they incurred.
D) The greater the expected cost of a medical education, the fewer physicians there will be and the higher their fees will be.
D
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Which of the following people would be considered unemployed?
A) Sam, a part-time worker who wishes to work full time B) Pat, who gave up looking for a job because he was discouraged about his job prospects C) Victoria, who does not have a job and has been actively searching for work, but turned down a job paying less than she desired D) Shirley, who is working but expects to be laid off at the end of the month E) Bobby, a full-time student in his last term before he graduates and who has not yet started to look for a job
Assume Joe invests a total of $10,000 in a company - $5,000 of which is his own money and $5,000 which he borrowed at a 10% interest rate. If the company's stock value decreases by 5% in one year at which time Joe sells his shares of the stock, what is Joe's rate of return on his investment?
a. ?5% b. ?10% c. ?20% d. ?30%
How long does it take for a check to clear?
(A) Three days (B) Two days (C) Four days (D) One day
Drug companies tend to attribute higher drug prices on
A. long testing processes. B. pharmacies charging too much for drugs and long testing processes. C. pharmacies charging too much for drugs. D. doctors distributing too many free samples.