What are the equilibrium price and quantity of health care goods? There are many health care patients but only one private not-for-profit hospital. The hospital is assumed to maximize discretionary expenditures. Calculate the consumer surplus, producer surplus, total cost of care and dead weight loss. What implications of this model, compared to the model in question 2?

Demand CurveP = 24 - 2Q

Marginal Revenue CurveP = 24 - 4Q

Marginal Cost CurveP = 2Q