A New Product Often Has a High Price When It

question 46

Multiple Choice

A new product often has a high price when it is launched because of a

• A) large investment in designing a product while producing small quantities.
• B) large investment in marketing a product while producing small quantities.
• C) large investment in designing a product while producing large quantities.
• D) large investment in marketing a product while producing large quantities.

---

Definitions:

ICD-10

The 10th revision of the International Classification of Diseases, a medical classification list by the World Health Organization that codes for diseases, signs, symptoms, and social circumstances.

E Code

A type of code in the ICD-9. E codes identify the external causes of injuries and poisoning.

Diagnosis

The identification of the nature and cause of a certain phenomenon, typically diseases, based on specific symptoms and tests.

DRGs

Diagnosis Related Groups; a system used to classify hospital cases into groups for the purposes of payment and analysis.