If an intermediate (\'downstream) producer or service provider in a supply chain
ID: 1174093 • Letter: I
Question
If an intermediate ('downstream) producer or service provider in a supply chain purchases inputs from an earlier participant (upstream) in the chain what is true about the cost paid by the downstream producer? OAll producers in the supply chain have the same level of cost Upstream and downstream production is only relevant in the market for bottled water O The downstream producer's cost is paid to another producer even further downstream O That cost paid by the downstream producer is revenue to the upstream or earlier producerExplanation / Answer
Correct answers : That cost paid by the downstream producer is revenue to the upstream or earlier producer ;; Total healthcare spending is high because patients consume care based on their share of the cost not the total cost ;; New knowledge and science increased the effectiveness of care and its potential to improve lives ;; HMOs improve the quality of patient care through liberal access to specialists.