Use the Following to Answer Question(s): Third-Party Payers

question 80

Multiple Choice

Use the following to answer question(s) : Third-Party Payers

-(Exhibit: Third-Party Payers) Based on the exhibit, and assuming there are no third-party payers:

• A) the equilibrium quantity is 3 million physician office visits per week.
• B) the equilibrium quantity is 2 million physician office visits per week.
• C) the total amount spent on physician office visits at the equilibrium price is $180 million.
• D) the equilibrium quantity is 1 million physician office visits per week.

---

Definitions:

Quality Standards

Refers to the established set of criteria outline the acceptable level of product quality or performance.

Organizational Chart

A visual display of the organizational structure, lines of authority (chain of command), staff relationships, permanent committee arrangements, and lines of communication.