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Can you fill in the chart and answer the questions below. Thank you Table 1 Market Price per Franklin's Monthly PT Franklin Pays with Franklin's

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Can you fill in the chart and answer the questions below. Thank you

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Table 1 Market Price per Franklin's Monthly PT Franklin Pays with Franklin's Monthly PT Visit (PM) Demand without insurance Copayment: C = .5 Demand with Insurance. 0 5 10 20 30 DO-NWA 40 50 60 0 70 0 80 90 100 6. If the market price (PM) for PT visits is $40 and Franklin has a copayment of .5, what is the moral hazard cost associated with Franklins 2nd PT visit per month? 87882 7. If the market price (PM) for PT visits is $40 and Franklin has a copayment of .5, what is the total moral hazard cost associated with Franklins PT demand per month? 30 10 20 24 60 The Moral Hazard Cost of Franklin's 3'd visit is $20 = 40 - 20. The Moral Hazard Cost of Franklin's 2"d visit is $10 = 40 - 30. The Moral Hazard Cost of Franklin's 1"t visit is $ 0 = 40 - 40. For a total of $30. 3

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