A group of people that were insured last year paid $20 out of pocket for a primary care visit but this year they must pay $100 out of pocket for the same level of service. All other factors remain the...

A group of people that were insured last year paid $20 out of pocket for a primary care visit but<br>this year they must pay $100 out of pocket for the same level of service. All other factors<br>remain the same. The demand for medical care as a result is:<br>a. less elastic<br>b. no change<br>c. more elastic<br>

Extracted text: A group of people that were insured last year paid $20 out of pocket for a primary care visit but this year they must pay $100 out of pocket for the same level of service. All other factors remain the same. The demand for medical care as a result is: a. less elastic b. no change c. more elastic

Jun 10, 2022

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A group of people that were insured last year paid $20 out of pocket for a primary care visit but this year they must pay $100 out of pocket for the same level of service. All other factors remain the...

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