respond to the following prompts:

• The market for health care services can be examined using the tools of supply and demand. In this market, the quantity variable is hours of health care services. Consumers' demand health care services while doctors (or others) supply health care services. We will assume health care services areallthe same quality (so 1 hour of heath care service"A"is the same as 1 hour of health care service"B"). The market price is the price per hour of health care services (dollars per hour). Given this, suppose a law mandates thathealth care providerscannot charge a price higher than Pmax, where this maximum price is set below thefree marketequilibrium price in themarketfor health care.
• Illustrate and explain the effect this law will have on the equilibrium quantity and equilibrium price paid for health care services? (Note: the equilibrium price actually paid by consumers for health care must equate supply and demand, it is NOT the maximum set price by law).
• Who benefits and who loses from imposing this maximum price that sellers can charge/receive for health care services?
• Since the "list" price of healthcare is fixed at Pmax, money alone cannot be what rations healthcare among consumers.That is, non-monetary forms of payment (in addition to money) will be needed to ration the new supply of healthcare among consumers.What form might such non-monetary payments take?