11 Suppose, in Exercise 9, that the coinsurance rate was raised to 50 percent. (a) Calculate the...

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11 Suppose, in Exercise 9, that the coinsurance rate was raised to 50 percent.

(a) Calculate the new equilibrium price and quantity. (Hint: How does the demand curve shift?)

(b) Calculate the deadweight loss due to this insurance.

(c) How does your answer compare to the deadweight loss in Exercise 9?

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The Economics Of Health And Health Care

ISBN: 9781138208049

8th Edition

Authors: Sherman Folland,‎ Allen C. Goodman,‎ Miron Stano

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Question Posted: Nov 12, 2024 04:01 AM

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11 Suppose, in Exercise 9, that the coinsurance rate was raised to 50 percent. (a) Calculate the...

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The Economics Of Health And Health Care

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