Multiple Choice
Rapidly increasing health costs have been a major political concern since at least 1992.Suppose the government sets the maximum price for a normal doctor visit at $20 to control rising health costs but the current market price is $40.What is MOST likely to happen?
A) More people will try to visit the doctor,but there will be fewer doctors willing to see patients at that price.
B) The same number of people will try to visit the doctor,and the same number of doctors are willing to see patients at that price.
C) More people will be able to see the doctor,since the price is lower.
D) Fewer people will try to see the doctor,and fewer doctors are willing to see patients at that price.
Correct Answer:
Verified
Correct Answer:
Verified
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