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Use the Following to Answer Questions

Question 23

Multiple Choice

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) At price P<sub>3</sub> the total cost of health-care services compared to price P<sub>1</sub> has increased from: A) OP<sub>3</sub>BQ<sub>2</sub> to OP<sub>1</sub>AQ<sub>2</sub>. B) OP<sub>1</sub>AQ<sub>1</sub> to OP<sub>3</sub>BQ<sub>2</sub>. C) OP<sub>3</sub>BQ<sub>2</sub> to OP<sub>1</sub>AQ<sub>1</sub>, and consumers pay OP<sub>1</sub>AQ1<sub>2</sub>. D) OP<sub>1</sub>AQ<sub>1</sub> to OP<sub>3</sub>BQ<sub>2</sub>, and insurance pays OP<sub>2</sub>CQ<sub>2</sub>.
-(Exhibit: The Market for Health Care) At price P3 the total cost of health-care services compared to price P1 has increased from:


A) OP3BQ2 to OP1AQ2.
B) OP1AQ1 to OP3BQ2.
C) OP3BQ2 to OP1AQ1, and consumers pay OP1AQ12.
D) OP1AQ1 to OP3BQ2, and insurance pays OP2CQ2.

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