Figure 11-4 -Physicians Have Two Types of Patients: Private Patients Who Pay

question 156

Multiple Choice

Figure 11-4
-Physicians have two types of patients: private patients who pay directly or with insurance, and Medicaid patients whose care is paid for by the state.Physicians must lower prices to attract more private patients, but they can add unlimited Medicaid patients at a constant price.The situation facing Dr.Casey is depicted in Figure 11-4.Units of medical service (say, number of patients × number of visits) are measured on the horizontal axis.How many units of medical service will Dr.Casey deliver?

• A)OA
• B)OB
• C)OC
• D)OD

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Definitions:

Arithmetically

Relating to or based on arithmetic, the branch of mathematics dealing with the properties and manipulation of numbers.

Thomas Malthus

An English economist and demographer known for his theory that population growth will always tend to outrun the food supply.

Food Supplies

The availability and distribution of edible goods and commodities to meet the consumption needs of the population.

Evolutionary Mechanism

A process by which variations in the genetic material of organisms lead to differences in traits that can affect an organism's survival and reproduction.