Which Alternative Treatment Is Most Likely to Be Covered by Insurance

question 5

Multiple Choice

Which alternative treatment is most likely to be covered by insurance plans in the United States?

• A) Chiropractic
• B) Dietary supplements
• C) Hypnotherapy
• D) Tai chi classes

Distinguish between a change in demand and a change in the quantity demanded.

Identify factors that cause shifts in demand curves.

Analyze the effect of price changes on the demand for goods and services.

Understand the concept of substitutes and complements in affecting demand.

---

Definitions:

Financing

The process of providing or obtaining funds for business activities, making purchases, or investing.

Budgeted Volume

The projected quantity of sales or production specified in a company's budget, used for financial and operational planning.

Ending Inventory

The total value of all unsold goods that a company holds at the end of an accounting period.

Expected Sales

Forecasted revenue from goods or services sold in a future period, often used for budgeting and planning.