Multiple Choice
Figure 5-4
Figure 5-4 represents the market for medical services with and without insurance, and the effect of a third-party payer system on the demand for medical services.
-Refer to Figure 5-4.If consumers paid the full price of medical services,the equilibrium quantity would be
A) 200.
B) 500.
C) 700.
D) >700.
Correct Answer:
Verified
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