If the quantity of healthcare is more than the efficient quantity, what is the consequence
A) Some will not have access to healthcare that would have access at the efficient level.
B) The healthcare will suffer in quality.
C) Capital could be more efficiently spent elsewhere leading to less overall productivity.
D) Lower marginal costs and marginal benefits.
Correct Answer:
Verified
Q28: Under national health insurance as operated in
Q29: What is the moral hazard associated with
Q30: Which of the following could help decrease
Q31: The percent of total health care costs
Q33: Which of the following programs accounts for
Q34: In the United States, individuals pay approximately
Q36: The system of third-party payment for medical
Q38: Which of the following is an example
Q39: Which of the following services is typically
Q39: The elderly are what proportion of beneficiaries
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents