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thochatown thochatown
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Posts: 265
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5 years ago
The Affordable Care Act is intended to reduce the price of health care. A decrease in the price of health care may
A) increase the number of doctors office visits if office visits are considered an inferior good and the substitution effect dominates the income effect.
B) decrease the number of doctors office visits if office visits are considered an inferior good and the substitution effect dominates the income effect.
C) increase the number of doctors office visits if office visits are a normal good.
D) Both A and C.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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Morg1977Morg1977
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#1
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5 years ago
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thochatown Author
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5 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Mcb
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Yesterday
This helped my grade so much Perfect
spaghetti
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2 hours ago
Just got PERFECT on my quiz
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