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demand curve for medical care = 9 - 1p and supply of med care =0.625P. consumer purchases at 20% coinsurance plan and a supplemental plan
demand curve for medical care = 9 - 1p and supply of med care =0.625P. consumer purchases at 20% coinsurance plan and a supplemental plan with 125% coinsurance for remaining costs. calculate equilibrium p and q.
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