Lea Kirkham Is a Physician

question 9

Multiple Choice

Lea Kirkham is a physician.She charges each patient the same price for a physical examination,whether the procedure takes 10 minutes or a full hour.Which pricing policy is Dr.Kirkham following?

• A) Professional services
• B) Potential (or base)
• C) Price maintenance
• D) Psychological
• E) Flexible (or variable)

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Definitions:

Overtaxed

A condition where individuals or entities are subject to excessive tax rates relative to their income or profit.

Payroll Tax

Levies charged to both employers and employees, based on a percentage of the wages that employees receive from their employers.

Wage-Base Limitation

A ceiling on the amount of an employee's income that is subject to certain taxes or contributions.

Progressive

A political and social philosophy advocating for reform and improvements in social justice, welfare, and the protection of civil liberties.