If the price of visiting a doctor were fixed below the current price,then we would expect
A) an increase in the number of visits people want to make and an increase in the number of visits health care providers want to provide.
B) an increase in the number of visits people want to make and a decrease in the number of visits health care providers want to provide.
C) a decrease in the number of visits people want to make and an increase in the number of visits health care providers want to provide.
D) a decrease in the number of visits people want to make and a decrease in the number of visits health care providers want to provide.

Question

Quizplus · Accepted Answer

When the price is fixed below the current market price, demand increases because more people want to visit the doctor at the lower price, but supply decreases because healthcare providers are less willing to provide services at the lower price, leading to a shortage.

If the Price of Visiting a Doctor Were Fixed Below