Anne Has Applied for a Job with a Company That

question 83

Multiple Choice

Anne has applied for a job with a company that has a mini-medical plan.Anne is 27 years old,single,has no dependents,and is in robust health.Her family health history is excellent.Anne is an avid snow skier on advanced courses,parasailer and show jumping competitor.Which aspect of the plan would be of the MOST concern to her?

• A) Only 10 doctor visits per year are covered.
• B) Only a few prescription drugs are covered.
• C) Hospital coverage is very limited.
• D) The choice of physicians is restricted.

---

Definitions:

Demand Decreases

A situation where the quantity of a good or service desired by consumers lessens.

Demand Curve

A graph showing the relationship between the price of a good and the amount of the good that consumers are willing and able to buy at each price.

Inferior Good

A type of good for which demand decreases as the income of the consumer increases.

Demand Curves

A graphical representation showing the relationship between the price of a good and the quantity demanded by consumers.