Multiple Choice
Figure 7-4 
Figure 7-4 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 7-4. If consumers paid the full price of medical services, the price they would pay is
A) $25.
B) $40.
C) $55.
D) >$55.
Correct Answer:
Verified
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