If There Are 20 Manufacturers and 500 Retailers,and Each Manufacturer

question 18

Multiple Choice

If there are 20 manufacturers and 500 retailers,and each manufacturer has 15 interactions per year with each retailer at a cost of $200 per transaction,calculate the total number of transactions.

• A)100,000 transactions per year
• B)150,000 transactions per year
• C)200,000 transactions per year
• D)250,000 transactions per year
• E)300,000 transactions per year

---

Definitions:

Social Calculus

A theoretical framework for quantifying the social costs and benefits of individual actions or policies.

Affordable Care Act

A law enacted in the United States in 2010 aimed at expanding health insurance coverage, reducing healthcare costs, and improving health care system efficiency.

Ration Reimbursement

The allocation of financial resources for healthcare services based on pre-determined criteria, often as part of cost-control measures in healthcare settings.

Uninsurable

Refers to a person or risk that is not acceptable for insurance coverage due to high risk.