Suppose the Equilibrium Price of a Physical Examination ("Physical")by a Doctor

question 414

Multiple Choice

Suppose the equilibrium price of a physical examination ("physical") by a doctor is $200,and the government imposes a price floor of $250 per physical.As a result of the price floor,

• A) the demand curve for physicals shifts to the left.
• B) the supply curve for physicals shifts to the right.
• C) the quantity demanded of physicals decreases and the quantity of physicals doctors want to give increases.
• D) the number of physicals performed stays the same.

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Documents that contain the history, diagnosis, treatment, and prognosis of a patient's medical condition.

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