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Phydeaux Phydeaux
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6 years ago
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.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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martrekmartrek
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6 years ago
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