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Author Question: Refer to Figure 7-4. With insurance and a third-party payer system, what is the amount of the ... (Read 114 times)

evelyn o bentley

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on: Jun 29, 2018
Refer to Figure 7-4. With insurance and a third-party payer system, what is the amount of the deadweight loss?
 
  A) 0 B) 1,500 C) 3,000 D) 9,500

Question 2

In response to a shortage the market price of a good will rise; as the price rises, the demand will decrease and supply will increase until equilibrium is reached.
 
  Indicate whether the statement is true or false


Kimmy

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

FALSE


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evelyn o bentley

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Reply #2 on: Jun 29, 2018
Thank you :)


Kimmy

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Reply #3 on: Jun 29, 2018
Happy to help you


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