QUESTION 19 Price setters takes on the insurance function and hence bears utilization risk have to accept, more or less, the prices set in the marketplace for their services, including the prices set by government insurers. provide services that can be differentiated from others such that they have the ability to set the prices on some or all of their services. O All are true of price setters QUESTION 20 What is the equation for determining after tax income? O BT = AT x (1 - T) O AT = BTx (T-1) O AT - BT x (1 + T) O AT - BT x (1 - T)
QUESTION 19 Price setters takes on the insurance function and hence bears utilization risk have to accept, more or less, the prices set in the marketplace for their services, including the prices set by government insurers. provide services that can be differentiated from others such that they have the ability to set the prices on some or all of their services. O All are true of price setters QUESTION 20 What is the equation for determining after tax income? O BT = AT x (1 - T) O AT = BTx (T-1) O AT - BT x (1 + T) O AT - BT x (1 - T)
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:QUESTION 19
Price setters
takes on the insurance function and hence bears utilization risk
have to accept, more or less, the prices set in the marketplace for their services, including the prices set by government insurers.
provide services that can be differentiated from others such that they have the ability to set the prices on some or all of their services.
O All are true of price setters
QUESTION 20
What is the equation for determining after tax income?
вт - АТ x (1- т)
AT = BTX (T-1)
AT = BT x (1 + T)
AT - ВТ x (1 - T)
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