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19. Suppose the cost of providing a diagnostic test is $400 per test. Julie's private demand for the test is Q = 10 - 0.02P,

19.

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Suppose the cost of providing a diagnostic test is $400 per test. Julie's private demand for the test is Q = 10 - 0.02P, where Q is the number of tests and P is the price. Julie has health insurance, and her co-payment for the test is $100. Given her co-payment amount, the number of diagnostic tests Julie will demand is it EX I Math Cheersyou - EX7AT80 7 7 18... https:/ig.cheersyou.com/application/programs Assuming there are no externalities associated with giving or receiving the test, the deadweight loss associated with Julie's choice of the number of tests to receive given the price she faces is $ . (Please enter only numbers in the blanks, and round to the nearest whole numbers if necessary.)The Zot family can spend its money on food (f) or other goods (3). The family's utility over f and g is given by U (1'39) =1n(f)+ 3111(9) where both fand g are measured in dollars. The Zots have earnings of $2,400 per month that they can spend on fand 3. Given their preferences and budget, the dollar amount that the Zot family will choose to spend on food (f) each month is $ . The dollar amount that the Zot family will choose to spend on other goods each month is $ . (Please enter only numbers in the blanks, and round to the nearest whole numbers if necessary.) Hint #1: The family's monthly budget constraint for this question is f+ g = 2,400. Hint #2: Note that 81n(m) _ 1 850 m' Consider the Zot family in the previous question. Now suppose that, because their household income is below a threshold set by the government, the Zot family is eligible for a government assistance program that provides them with $400 in cash each month (cash that can be spent on food or other goods). Given the additional $400 in cash they receive each month, the new dollar amount the Zot family will choose to spend on food (f) each month is $ . The dollar amount that the Zot family will choose to spend on other goods each month is $ . (Please enter only numbers in the blanks, and round to the nearest whole numbers if necessary.) The cash assistance program described in the previous question is means-tested. 0 True 0 False Consider again the Zot family in the previous questions. Now suppose that, instead of being delivered as cash, the $400 is delivered to the Zot family as a voucher that can only be used to purchase food. Given your answers to the previous questions and based on the theory discussed in class, how would you expect this change in delivery method to affect the family's spending on food? 0 Relative to providing cash, providing a voucher for an equivalent amount would increase the amount the family spends on food. 0 The family will spend the same amount on food regardless of whether they receive a cash benefit or a voucher for an equivalent amount. 0 Relative to providing cash, providing a voucher for an equivalent amount would decrease the amount the family spends on food

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