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The Table Gives Supply and Demand Data for a Certain

Question 132

Multiple Choice

The table gives supply and demand data for a certain elective surgical procedure. If suppliers provide the quantity of health care demanded and insurance pays 50 percent of the remaining equilibrium price after a $1,000 deductible is satisfied, the quantity of health care demanded will be A) 4,000. B) 7,000. C) 11,000. D) 16,000. The table gives supply and demand data for a certain elective surgical procedure. If suppliers provide the quantity of health care demanded and insurance pays 50 percent of the remaining equilibrium price after a $1,000 deductible is satisfied, the quantity of health care demanded will be


A) 4,000.
B) 7,000.
C) 11,000.
D) 16,000.

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