1.1 In Figure 7.4, the market equilibrium in health care for Black patients characterized by PB* and...

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1.1 In Figure 7.4, the market equilibrium in health care for Black patients characterized by PB* and QB* is not optimal. What is the welfare loss arising from this socially suboptimal equilibrium and what is the source of inefficiency?

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The Economics Of Health And Health Care

ISBN: 9781032309866

1st Edition

Authors: Sherman Folland; Allen C. Goodman; Miron Stano; Shooshan Danagoulian

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