Hospitals and Universities Are Very Expensive to Run Not Only

question 104

Multiple Choice

Hospitals and universities are very expensive to run not only due to the capital equipment that is required for each, but also due to the personnel such as specialized medical doctors and researchers. The cost of these types of institutions is an example of

• A) Enhancing barriers to entry.
• B) Eliminating protectionism.
• C) Unfair competition.
• D) Enhancing trade protectionism.
• E) Eliminating barriers to entry.

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Definitions:

International Organization for Standardization

An independent, non-governmental international organization that develops standards to ensure quality, safety, and efficiency of products, services, and systems.

ISO

International Organization for Standardization, an international standard-setting body composed of representatives from various national standards organizations.

Stud

A type of fastener or fixed projection that is often threaded and used to secure objects or as a mounting point.

Thread Callout

An annotation on a drawing specifying the characteristics of a threaded part, such as diameter, pitch, and thread type.