Marion fell out of a tree while bird-watching outside her home in Dijon,France.The bill from the hospital for putting a cast on her broken arm is estimated to be €2,000.This price for medical care was determined
A) by the intersection of supply and demand,unfettered by government regulations.
B) by the intersection of supply and demand,but the government played a significant role in increasing supply.
C) by the intersection of supply and demand,but the government played a significant monopolist role to control costs.
D) by the intersection of supply and demand,but the government played a significant monopsonist role to control costs.
E) not at all by the role of the government as the primary payer of health care costs.
Correct Answer:
Verified
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