Refer to the graph shown that depicts a third-party payer market for prescription drugs. If the co-payment is $6 per pill, total expenditures under the third-party payer system will be:
A) greater than if the market were left alone.
B) less than if the market were left alone.
C) the same as if the market were left alone.
D) undetermined.

Question

Refer to the graph shown that depicts a third-party payer market for prescription drugs. If the co-payment is $6 per pill, total expenditures under the third-party payer system will be: 
A) greater than if the market were left alone. 
B) less than if the market were left alone. 
C) the same as if the market were left alone. 
D) undetermined.

Quizplus · Accepted Answer

The Answer of Refer to the graph shown that depicts a third-party payer market for prescription drugs. If the co-payment is $6 per pill, total expenditures under the third-party payer system will be: 
A) greater than if the market were left alone. 
B) less than if the market were left alone. 
C) the same as if the market were left alone. 
D) undetermined.

Refer to the Graph Shown That Depicts a Third-Party Payer