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 equilibrium quantity is Q₂. B) the equilibrium quantity is Q₁. C) the total amount spent on health-care services at the equilibrium price is given by the area OP₃BQ₂. D) none of the above are true.

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In a market without third-party payers, the equilibrium quantity is determined where the supply and demand curves intersect. This is typically represented as Q1 in such diagrams.

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