Let understand that "Power" in this context refers to the ability of the doctors to determine what is, what is not, what should be, what should not be in the line of the health care system.
The main reasons why the doctors wield so much power in today's health care system includes:
- The doctors have the extreme authority to write prescriptions on all ailments or injuries.
- The practice of doctors is self-regulating in health care system.
- The ability that doctors possesses to decide what counts as a medical disorder or not.
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Answer:
d. price floor
Explanation:
A price floor is a government mandated mininum price that is higher than the market equilibrium price.
This means that supply and demand do not meet because prices are not allowed to go any lower than the price floor.
The most famous example of a price floor is the minimum wage. A minimum wage is a price of labor that is higher than the market equilbrium. This produces a surplus of workers because supply (workers) is higher than the demand for them (which is determined by the firms).
