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



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


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