Use the following to answer questions . Exhibit: The Market for Health Care -(Exhibit: The Market for Health Care) Based on the exhibit and assuming that there are no third-party payers: A) the total amount spent on health services is OP₁AQ₁ at price P₁. B) the equilibrium price and quantity are P₃ and Q₂. C) at price P₂ there would be a surplus. D) A and B are true.

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The Answer of Use the following to answer questions . Exhibit: The Market for Health Care -(Exhibit: The Market for Health Care) Based on the exhibit and assuming that there are no third-party payers: A) the total amount spent on health services is OP₁AQ₁ at price P₁. B) the equilibrium price and quantity are P₃ and Q₂. C) at price P₂ there would be a surplus. D) A and B are true.

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