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What Would Happen in the Market for Laser Eye Surgery

Question 95

Multiple Choice

What would happen in the market for laser eye surgery if provincial health plans started to cover a portion of the price of voluntary procedures?


A) Demand will increase, but this will not shift the supply curve.
B) Supply will increase, but this will not shift the demand curve.
C) Demand and supply will both increase.
D) Demand will increase and supply will decrease.

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