What Are Some Possible Reasons for High and Rising Costs

question 13

Multiple Choice

What are some possible reasons for high and rising costs of health care?

• A)The use of sophisticated and expensive technologies
• B)Rapid average earnings growth for health care professionals
• C)Duplication of tests
• D)The increasing number and longevity of elderly people
• E)All of these

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Definitions:

Supercenter

A large retail establishment that combines a supermarket and a department store, offering a wide range of products under one roof.

Off-Price Stores

Retail outlets that sell branded goods at lower prices than conventional retail stores, usually by buying overstocked or out-of-season items.

Everyday Value Retailers

Stores that offer low prices on their merchandise on a regular basis, focusing on providing consistent value to consumers.

Central Business District

The commercial and business center of a city, characterized by a concentration of retail and office buildings.