When Health Care Is Made Available to the Poor Without

question 34

Multiple Choice

When health care is made available to the poor without cost, the market demand for health care services represents, for every different possible price, the quantity of services demanded

• A)only by the nonpoor at that price.
• B)by both the nonpoor at that price and by the poor at that price.
• C)by the nonpoor at that price and by the poor at a price of zero.
• D)only by the government at that price.

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Definitions:

Accord And Satisfaction

An arrangement between contracting parties whereby one of the parties substitutes a different performance for his or her original duty under the contract.

Novation

The act of replacing one obligation with another, effectively creating a new contract and releasing the original party from responsibility.

Assignment

The transfer of rights, property, or responsibilities from one party to another.

Delegation

The act of assigning responsibility or authority from one person or group to another person or group.