Many economists consider medical care a superior good. Which of the following statements is true regarding a superior good?
a. Consumers want more of a superior good regardless of its price.
b. When the price of a superior good increases, consumers demand more of it.
c. As consumer income increases a larger percentage of that income is spent on superior goods.
d. A superior good has an income elasticity of demand greater than one.
e. Both c and d are true of superior goods.
Question 2
Each of the following provides incentives to reduce a negative externality except:
a. merger with affected firms.
b. subsidizing consumption of the good being produced.
c. bargaining among firms.
d. taxation of the externality.
Building competency in patient centered care
Good computer skills are now required to be a successful member of an office staff.
Injectable Drugs Commonly Stocked in the Medical Office
A partnership between the patient and the health care provider.
Superior view of sphenoid bone in floor of cranium
Superior view of transverse section of right eyeball