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Other Fields Homework Help Economics Topic started by: Tragamin on Dec 28, 2017



Title: When the fee paid to doctors for a medical service is set above the equilibrium price, and patients ...
Post by: Tragamin on Dec 28, 2017
When the fee paid to doctors for a medical service is set above the equilibrium price, and patients must pay for this service, we predict that
A) this service is over-provided.
B) there are shortages of this service.
C) the price is above the doctor's marginal benefit.
D) everyone wants the service.
E) the price is below the doctor's marginal opportunity cost.


Title: Re: When the fee paid to doctors for a medical service is set above the equilibrium price, and ...
Post by: martrek on Dec 28, 2017
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