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Tidy Tidy
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Posts: 4852
9 years ago
When consumers pay only a fraction of the true cost of medical services, their demand increases. The marginal cost of producing these extra services
A) is greater than the marginal benefit consumers receive from them.
B) is less than the marginal benefit consumers receive from them.
C) is equal to the marginal benefit consumers receive from them.
D) is zero due to the insurance payments.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 422 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Answer verified by a subject expert
VincenzoDVincenzoD
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Top Poster
Posts: 1913
8 years ago
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Tidy Author
wrote...

9 years ago
Smart ... Thanks!
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Yesterday
This helped my grade so much Perfect
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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