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Hello can someone please assist with this simulated problem? I think the shift in demand would go up but the supply would stay the same?
Hello can someone please assist with this simulated problem? I think the shift in demand would go up but the supply would stay the same?
What would happen to total health care spending if people in the US live even longer? Draw supply and demand curves, identify equilibrium P0 and Q0, identify appropriate shift in demand/supply/both, identify new equilibrium P1 and Q1, and show change in health care spending.Take a picture of your graph and attach here. PNG format would work.
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