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Use the Following to Answer Question(s): Third-Party Payers

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Use the following to answer question(s) : Third-Party Payers
Use the following to answer question(s) : Third-Party Payers    -(Exhibit: Third-Party Payers)  Based on the exhibit, and assuming there are no third-party payers: A)  the equilibrium quantity is 3 million physician office visits per week. B)  the equilibrium quantity is 2 million physician office visits per week. C)  the total amount spent on physician office visits at the equilibrium price is $180 million. D)  the equilibrium quantity is 1 million physician office visits per week.
-(Exhibit: Third-Party Payers) Based on the exhibit, and assuming there are no third-party payers:

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Definitions:

Self-discrepancy Theory

Higgins’s theory about the consequences of making actual – ideal and actual – ‘ought’ self-comparisons that reveal self-discrepancies.

Festinger

Leon Festinger was a psychologist known for the theory of cognitive dissonance, which describes the discomfort felt when holding conflicting thoughts or beliefs.

Self-regulation

The process by which individuals control their own thoughts, emotions, and behaviors to pursue long-term goals.

Self-discrepancy

A psychological theory detailing the discrepancy between an individual's actual self, ideal self, and ought self.

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