With health insurance, medical treatments are paid bysomeone other than the patient, which will make consumerswith serious diseases relatively:
A) insensitive to the price of pharmaceuticals.(True Answer ) Correct
B) sensitive to the price of pharmaceuticals.
C) insensitive to the premium of health insurance.
D) sensitive to the premium of health insurance.
Correct Answer:
Verified
Q47: Q49: Which of the following statements is TRUE? Q50: High prices charged by monopolists will cause Q51: A monopolist increased output by 100 units, Q52: In a monopoly market:![]()
A)Monopolized
A)the lack of competition
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