Consider Troy and Paula, each of whom recently purchased health insurance with a 20% coinsurance rate (i.e., an insured person pays 20% of the price of a physician visit). Troy's demand curve for physician visits is QR = 6, and Paula's demand curve for physician visits is QP = 20 - 0.10P, where Q represents the number of physician visits and P is the price per visit. Suppose that the market price, P, for physician visits is $100. 
Definitions:
Charles Coughlin
A controversial Roman Catholic priest who became a popular radio broadcaster in the 1930s and 1940s, known for his political and economic opinions.
New Deal
A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States during the 1930s to restore prosperity during the Great Depression.
Popular Front
A broad coalition of different political groups, often including communists and socialists, united for a common goal, especially seen in France and Spain in the 1930s against fascism.
New Deal
A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1939, aimed at providing relief, recovery, and reform during the Great Depression.
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