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QT: {Chapter 5) {l'iv'h} Describe the demand curve shift [righhva rd or leftward] about how the tollovving changes would aect the demand for inpatient services
QT: {Chapter 5) {l'iv'h} Describe the demand curve shift [righhva rd or leftward] about how the tollovving changes would aect the demand for inpatient services at a hospital in a large city. A. Average real income in the community increases. B. In an attempt to cut costsI the largest employer in the area increases the coinsurance rate for employee health cove rage from W percent to ill percent. C. The hospital relocates from the center of the city. where a majority of the people liveI to a suburb. D. A number of physicians in the area join together and open up a discountprice walkin clinic; the crossprice elasticity of demand between physician services and inpatient hospital services is t}.5l]
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