MINUTA 300 DOLLARS PER VISIT 250 200 550 100 Market for Doctor Visits Supply Demand 625 750 500 125 250 376 DOCTOR VISITS PER YEAR Doctor Visits per Year 250 Patient Payment (Dollars per visit) 200 Insurance Payment (Dollars per visit Price Doctors Charge (Dollars per visit) 100 The equilibrium number of doctor visits in this economy is visits per year, while the equilibrium price is per visit Now, suppose everyone in this economy gets health insurance that pays 50% of the price received by doctors. In this case, there would be doctor visits demanded per year. (Hint: Type each entry in the drop-down menu into the white box, and examine the result. When you change the number of doctor visits in the white box, the value in the insurance payment box changes to reflect the amount that would make up the difference between what patients are willing to pay and what doctrins charge at a given quantity) auty Cwman and Proce Appitations #23 (5) IN Pulse 2 Supply, Demand, and Price Applications (Ch 05) DOLLARS PER VINT 8 Supply Demand Patient Payment (Dolars per Insurance Payment (Dolars per vis Sebenint Prispatch Pube