Which Factor Will NOT Cause an Increase in the Supply

question 205

Multiple Choice

Which factor will NOT cause an increase in the supply of good X?

• A) an improvement in the technology used to produce good X
• B) an increase in the number of firms that sell good X
• C) an increase in the price of inputs used to produce good X
• D) a decrease in the price of labour used to produce good X

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Definitions:

Health Plans

Insurance schemes or programs that provide coverage for medical services and support health care management.

HEDIS

The Healthcare Effectiveness Data and Information Set is a tool used by more than 90% of America's health plans to measure performance on important dimensions of care and service.

Managed Care Organization

A health insurance company that provides healthcare services to its members through a network of doctors, hospitals, and other healthcare providers.

Health Maintenance

Activities and practices aimed at promoting wellness and preventing disease, through regular check-ups and healthy lifestyle choices.