Which Is One Advantage of the Adoption of a System

question 89

Multiple Choice

Which is one advantage of the adoption of a system of universal health care?

• A) Highly skilled physicians tend to be drawn to universal systems.
• B) Universal health care systems incentivize medical research.
• C) Taxes tend to be much lower in nations with this type of system.
• D) Citizens do not have to pay outright for health care services.

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Definitions:

Mark-up

Elevating the base cost of merchandise to reimburse for overhead activities and profit.

Markdown

A reduction from the original price of an item to increase its attractiveness to buyers.

Overhead

The ongoing business expenses not directly attributed to creating a product or service.

Operating Profit

The profit earned from a firm's normal business operations, excluding deductions of taxes and interest.