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Explain how medical insurance with a coinsurance provision affects the demand for medical care. Explain also how the demand for medical care will differ for
Explain how medical insurance with a coinsurance provision affects the demand for medical care. Explain also how the demand for medical care will differ for an insurance plan with high levels of coinsurance versus one with low levels of coinsurance. a. If you can give complete answer without the graph, you can do that but it seems like it would be easier to do it with a graph. Would be easier to run through; explain why the graph has the shape it has
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