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Use the Following to Answer Question(s): Third-Party Payers

Question 68

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Use the following to answer question(s) : Third-Party Payers
Use the following to answer question(s) : Third-Party Payers    -(Exhibit: Third-Party Payers)  Based on the exhibit, and assuming there are no third-party payers: A)  the total amount spent on health services is $80 million per week. B)  the equilibrium price and quantity are $60 and 3 million per week, respectively. C)  At a price of $20, there would be a surplus. D)  At a price of $60, there would be a shortage.
-(Exhibit: Third-Party Payers) Based on the exhibit, and assuming there are no third-party payers:


A) the total amount spent on health services is $80 million per week.
B) the equilibrium price and quantity are $60 and 3 million per week, respectively.
C) At a price of $20, there would be a surplus.
D) At a price of $60, there would be a shortage.

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