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Consider the linear demand function in question 3) describe demand for physician visits. Write down the demand function if physician visits are insured by indemnity
Consider the linear demand function in question 3) describe demand for physician visits.
- Write down the demand function if physician visits are insured by indemnity insurance plans of $5 per visit.
- Write down the demand function if physician visits are insured with a co-insurance rate of 20%.
- Write down the demand function if physician visits are insured with a co-insurance rate of 0%.
- Graph the demand functions in parts a)-c), along with the original one.
want to ans for question 4
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