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Health economics class Based on our discussions and notation in class on Chapter 9 (or the notation in the textbook), answer the follow questions: a.
Health economics class
Based on our discussions and notation in class on Chapter 9 (or the notation in the textbook), answer the follow questions: a. Sketch a graph of the perfect information equilibrium in an insurance market with two types of consumers, sick and healthy. b. Sketch a graph of a potential pooling equilibrium and explain why it won't work. c. Sketch a graph of a separating equilibrium that works.
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