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Question 53

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Use the following to answer questions .
Exhibit: The Market for Health Care Use the following to answer questions . Exhibit: The Market for Health Care   -(Exhibit: The Market for Health Care)  Based on the exhibit and assuming that there are no third-party payers: A)  the equilibrium quantity is Q<sub>2</sub>. B)  the equilibrium quantity is Q<sub>1</sub>. C)  the total amount spent on health-care services at the equilibrium price is given by the area OP<sub>3</sub>BQ<sub>2</sub>. D)  none of the above are true.
-(Exhibit: The Market for Health Care) Based on the exhibit and assuming that there are no third-party payers:


A) the equilibrium quantity is Q2.
B) the equilibrium quantity is Q1.
C) the total amount spent on health-care services at the equilibrium price is given by the area OP3BQ2.
D) none of the above are true.

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