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For any good or service including health care, rationing is necessary when: Question 6 options: Prices are set by law or custom The quantity needed
For any good or service including health care, rationing is necessary when: Question 6 options: Prices are set by law or custom The quantity needed exceeds the quantity available at the prevailing price, and prices are not allowed to adjust. The good or service is something people are forced to consume even if they do not really want it. E.g. dental care. The market clearing price and quantity under free markets is different than the equilibrium condition set by law
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