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Suppose That in a Free Market, 2,000 Patients Purchase an Operation

Question 160

Multiple Choice

Suppose that in a free market, 2,000 patients purchase an operation to receive an artificial heart at a price of $500,000 per operation.Without the heart, each patient will die.The government decides this price is too high and imposes a maximum price of $200,000.Everything else equal,


A) more patients will now die.
B) fewer patients will now die.
C) more patients will now die only if the demand curve is vertical.
D) more patients will now die only if the demand curve is horizontal.

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