:Suppose that an individual's demand for the number of physician visits per year, Q, can be represented by the following equation: ???? = 8 0.08???? where ????, the market price of an office visit, equals the marginal cost of $50. a) Determine the efficient number of office visits according to conventional theory. b) Now suppose that the person purchases complete health insurance coverage. According to conventional theory, how many times would this fully insured person visit the physician? c) Calculate the welfare loss or moral hazard cost associated with the insurance coverage.