A major implication of asymmetric information is that
A) health care suppliers may reduce the supply of health care.
B) health care suppliers may increase the demand for health care.
C) collusion between health care suppliers and purchasers may accelerate the rise in costs.
D) resources may be underallocated to the health care industry.
Correct Answer:
Verified
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A)
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A) solves the moral hazard problem.
B)
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