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    Microeconomics Study Set 3
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    Exam 2: Supply and Demand
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    What Is One Reason the Supply and Demand Model Might
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What Is One Reason the Supply and Demand Model Might

Question 151

Question 151

Multiple Choice

What is one reason the supply and demand model might NOT be appropriate to the health-care industry?


A) Consumers do not have full information.
B) Providers do not know the demand for health-care services.
C) Consumers do not know how to value their own health.
D) The costs of finding a doctor are too low.

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