Refer to the Table Shown That Depicts a Third-Party Payer

question 107

Multiple Choice

Refer to the table shown that depicts a third-party payer market. What is the cost of this program to the third-party if a $1 co-pay is established? $$\begin{array} { | c | c | c | } \hline \text { Price } & \text { Quantity Demanded } & \text { Quantity Supplied } \\\hline \$ 0 & 1,200 & 0 \\\hline \$ 1 & 600 & 150 \\\hline \$ 2 & 300 & 300 \\\hline \$ 3 & 0 & 450 \\\hline \$ 4 & 0 & 600 \\\hline \$ 5 & 0 & 750 \\\hline \$ 6 & 0 & 900 \\\hline \$ 7 & 0 & 1,050 \\\hline\end{array}$$

• A) $0
• B) $600
• C) $1,800
• D) $2,400

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Definitions:

Secondary Radicals

are reactive intermediates in organic reactions, featuring an unpaired electron on a carbon atom that is bonded to two other carbon atoms.

Stability

The tendency of a chemical substance to maintain its chemical composition and physical state under stated conditions over time.

Energy Diagram

A graphical representation showing the energy levels of products and reactants during a chemical reaction and indicating the activation energy.

Transition State

A high-energy state during a chemical reaction where reactants are transformed into products, representing the maximum energy point along the reaction pathway.