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Does this outcome look like an equilibrium? The value of insurance to each person is the $1000 from reduced uncertainty plus the expected cost of
Does this outcome look like an equilibrium? The value of insurance to each person is the $1000 from reduced uncertainty plus the expected cost of healthcare, the cost of providing it is the insurance premium, and the consumer surplus is the excess of value over the premium. How much consumer surplus is derived from the insurance market described above
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The Rise And Fall Of Neoliberal Capitalism
Authors: David M Kotz
1st Edition
0674725654, 9780674725652
