Which of the Following Statements in NOT True Regarding Leapfrog

question 32

Multiple Choice

Which of the following statements in NOT true regarding Leapfrog?

• A) It was formed by a group of employers.
• B) It created a strategy that tied the purchase of group health insurance benefits to quality care standards.
• C) It promoted CPOE as a means of reducing errors.
• D) All of the above
• E) None of the above

---

Definitions:

Immediate Market Period

The length of time during which the producers of a product are unable to change the quantity supplied in response to a change in price and in which there is a perfectly inelastic supply.

Equilibrium Price

The price at which the quantity of goods supplied is equal to the quantity of goods demanded, often referred to as the market-clearing price.

Equilibrium Quantity

(1) The quantity at which the intentions of buyers and sellers in a particular market match at a particular price such that the quantity demanded and the quantity supplied are equal; (2) the profit-maximizing output of a firm.