In the private market, the hospital will set a price at that point on its demand curve where marginal revenue (MR) equals what?

Marginal mix (MM)

Marginal profit (MP)

Marginal value (MV)

Marginal cost (MC)

Starting in 1992, what did the government propose to phase in for Medicare physician payment based on a resource-based relative value scale?

Fixed fee schedule

Unlimited reimbursement

Sliding fee schedule

Medicaid expansion