Refer to the demand and supply diagram, which relates to the health care market. If suppliers provide whatever quantity of health care is demanded, health care insurance causes
A) resources to be underallocated to the health care industry.
B) resources to be overallocated to the health care industry.
C) health care to be underconsumed.
D) the price of health care to the insured to be higher than the market price.
Correct Answer:
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Q120: Q121: Health care costs have tended to rise Q122: Other things equal, increased emphasis on providing Q123: Insurance tends to drive up health care 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![]()