100 120 Quantity of care (visits) In the above figure, the decreased coinsurance rate leads to deadweight loss of _____.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter16: Information, Risk, And Insurance
Section: Chapter Questions
Problem 18RQ: What are some of the metrics economists use to measure health outcomes?
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Price ($)
100
SO
20
$1,600
$800
Demand
$12,000
$1,200
Demand (under
coinsurance)
100 120
Supply
In the above figure, the decreased coinsurance rate leads to deadweight loss of ___
Quantity of care (visits)
Transcribed Image Text:Price ($) 100 SO 20 $1,600 $800 Demand $12,000 $1,200 Demand (under coinsurance) 100 120 Supply In the above figure, the decreased coinsurance rate leads to deadweight loss of ___ Quantity of care (visits)
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