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Refer to the Graph of a Hypothetical Market for Health

Question 235

Multiple Choice

  Refer to the graph of a hypothetical market for health care. The efficiency loss caused by the provision of health insurance covering four-fifths of the cost is A) $3,000. B) $6,000. C) $12,000. D) $24,000. Refer to the graph of a hypothetical market for health care. The efficiency loss caused by the provision of health insurance covering four-fifths of the cost is


A) $3,000.
B) $6,000.
C) $12,000.
D) $24,000.

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