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If the Supply of Health Care Services Is Highly Inelastic

Question 128

Multiple Choice

If the supply of health care services is highly inelastic, programs that subsidize the cost of purchasing medical services will


A) lead to higher prices for medical services.
B) lead to lower prices for medical services.
C) not affect the price of medical services.
D) help the buyers of medical services more than the sellers of those services.

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