The correct answer is C. It is money paid by a consumer to share the cost of a payout.
Copayment is termed as the amount which is fixed which covers a service or being paid by a patient to the provider before the service is being received.
Mostly copayment occurs in insurance companies whereby the insured pays some amount of money before accessing to medical service.
In order to prevent moral hazard bu insurance company they use copayment so as to share the costs of health care.
Answer:
a. $300,000
Explanation:
Calculation
Calculation for the differential revenue from the acceptance of the offer
Using this formula
Differential revenue= Units of offer received× Amount per unit
Let plug in the formula
Differential revenue=20,000 units× $15 per unit
Differential revenue=$300,000
Therefore the differential revenue from the acceptance of the offer will be $300,00
Answer:
rural places have over 85% of the l,669 federally designated mental health professional shortage areas.
Explanation:
Answer:
The theory of efficiency wages why might some firms voluntarily pay workers a wage above the market equilibrium, even in the presence of surplus labor is due to these reasons:
Paying higher wages enhances workers to adopt healthier lifestyles, enhancing their productivity.
Paying higher wages can reduce a firm's training costs.
Paying higher wages encourages workers to be more productive.
Explanation:
Payment of higher wages increases the efficiency and productivity of the workers.
Also, payment of higher wages gives room for self-motivation among workers. Therefore, much training is not required leading to a reduction in training cost.
