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1.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
1.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
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