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5.85 pts Refer to the graph shown below, which illustrates a third-party payer market for diabetes screenings (tests). Suppose that the co-payment is $5 per

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5.85 pts Refer to the graph shown below, which illustrates a third-party payer market for diabetes screenings (tests). Suppose that the co-payment is $5 per screening. What happens to total expenditures in the diabetes screening market if a $5 co-pay is established compared to a market where there is no third-party? $20 $15 Supply Price $10 $5 Demand 25 50 75 100 Quantity Expenditures increase by $625 Expenditures fall to $375 Expenditures increase by $1.125 Expenditures decline by $500

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