Aïee! ("Ouch!" in French)

question 118

Multiple Choice

Aïee! ("ouch!" in French) . I'm a retired grocery-store owner from Paris who fell out of a tree while bird watching in Dijon, France. The bill from the hospital for putting a cast on my broken arm is estimated to be €2,000. How was this price for medical care determined?

• A) by the intersection of supply and demand
• B) by the intersection of supply and demand, but the government played a significant role in increasing supply
• C) by the intersection of supply and demand, but the government played a significant monopolist role to control costs
• D) by the intersection of supply and demand, but the government played a significant monopsonist role to control costs
• E) not at all by the role of the government as the primary payer of healthcare costs

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