If the price of a physician visit is $75, and individual A's own demand for visits is 10 visits, individual B's own demand for visits is 12 visits, individual A demands 4 visits for individual B, and individual C demands 2 visits for Individual A, what is the social demand for physician visits?

Question

Quizplus · Accepted Answer

The social demand is the sum of all individual demands: A's own demand (10) + B's own demand (12) + A's demand for B (4) + C's demand for A (2) = 28 visits.

If the Price of a Physician Visit Is $75, and Individual