Explain or show why the impact of changes in coinsurance rates on demand depends on the elasticity

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Explain or show why the impact of changes in coinsurance rates on demand depends on the elasticity of demand. What sorts of health care goods or services will be responsive to changes in coinsurance rates? What sorts will tend to be relatively less responsive?

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The Economics Of Health And Health Care

ISBN: 9781138208049

8th Edition

Authors: Sherman Folland, Allen C. Goodman, Miron Stano

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