Multiple Choice
If medical care is provided free of charge, _____.
A) beneficiaries consume it up to the point at which the marginal utility of the final unit is positive
B) beneficiaries will consume it up to the point at which the demand curve intersects the vertical axis
C) beneficiaries will derive no consumer surplus from medical care
D) beneficiaries will consume it up to the point at which the marginal utility of the final unit is negative
E) beneficiaries will consume it up to the point at which the marginal utility of the final unit is zero
Correct Answer:
Verified
Correct Answer:
Verified
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