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Question
A distortion in the healthcare market can occur when
a. health insurance companies require individuals to have a primary care doctor.
b. doctors are rewarded for reducing a patients recovery time after surgery.
c. the involvement of health maintenance organizations discourages efficiency in health care expenditures.
d. the existence of healthcare insurance encourages customers to seek more health care than they otherwise would.
e. when there is a lack of restrictions for entry into the market for delivering health care.
Answer
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Related questions
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What is the long-run consequence of a price ceiling law?
a. A surplus will continue to exist and will grow larger over time.
b. A surplus will continue to exist and will grow smaller over time.
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Q:
Suppose Solomon lives in a community with no price controls. What do you expect will happen if his town borders a community where there is a binding price ceiling on most products?
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Q:
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Q:
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