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question 97

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Use the following to answer questions .
Exhibit: The Market for Health Care Use the following to answer questions . Exhibit: The Market for Health Care   -(Exhibit: The Market for Health Care)  When the price of P<sub>2</sub> becomes available to the consumer because of insurance: A)  health-care costs are now OP<sub>3</sub>BQ<sub>2</sub>, of which OP<sub>3</sub>CQ<sub>2</sub> is paid by consumers and P<sub>2</sub>P<sub>3</sub>BQ<sub>2</sub> is paid by insurance. B)  health-care costs are now OP<sub>3</sub>BQ<sub>2</sub>, of which P<sub>2</sub>P<sub>3</sub>BQ<sub>2</sub> is paid by consumers and OP<sub>2</sub>CQ<sub>2</sub> is paid by insurance. C)  the new quantity of health care is Q<sub>2</sub>. D)  the new quantity of health care is Q<sub>1</sub>.
-(Exhibit: The Market for Health Care) When the price of P2 becomes available to the consumer because of insurance:

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