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question 23

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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)  At price P<sub>3</sub> the total cost of health-care services compared to price P<sub>1</sub> has increased from: A)  OP<sub>3</sub>BQ<sub>2</sub> to OP<sub>1</sub>AQ<sub>2</sub>. B)  OP<sub>1</sub>AQ<sub>1</sub> to OP<sub>3</sub>BQ<sub>2</sub>. C)  OP<sub>3</sub>BQ<sub>2</sub> to OP<sub>1</sub>AQ<sub>1</sub>, and consumers pay OP<sub>1</sub>AQ1<sub>2</sub>. D)  OP<sub>1</sub>AQ<sub>1</sub> to OP<sub>3</sub>BQ<sub>2</sub>, and insurance pays OP<sub>2</sub>CQ<sub>2</sub>.
-(Exhibit: The Market for Health Care) At price P3 the total cost of health-care services compared to price P1 has increased from:


Definitions:

Gear Teeth

The protruding elements found on the circumference of a gear wheel, which interlock with those of another gear to transmit torque and motion.

Circular Thickness

The measurement of the thickness of a circular object or element, typically observed in cross-section.

Diametral Pitch

A value describing the ratio of the number of teeth of a gear to the diameter of the pitch circle, used in the design and specification of gears.

Circumference

The perimeter or boundary line of a circle, often measured to understand the size or to describe the distance around it.

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