​Figure 52

Multiple Choice

​Figure 5.2. The figure shows the supply and demand curves of a firm.
-Which of the following statements is true?​

A) ​Over time, when demand for health care continues to rise relatively more than supply, the cost of health care falls.
B) ​Over time, when demand for health care continues to rise relatively more than supply , the cost of health care continues to rise.
C) ​An increase in the demand for health care is accompanied by an outward shift in the supply curve.
D) ​The price of health care rises either with a fall in demand or an increase in supply.
E) ​The change in the demand for health care with no change in supply causes the price to fall continuously.