JohnJacobJingle4600 JohnJacobJingle4600

26-04-2024
Business

Answered

Demand curve for physician services is D = 200 - 0.5P and the supply curve is S = -100 + 2.5P, where P is the market fee of physician services. If we introduce an insurance with $50 copayment for physician services, What will be the market fee per consultation?

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