The Figure Given Below Shows the Demand (D)and Supply (S₁

question 23

Multiple Choice

The figure given below shows the demand (D) and supply (S₁ and S₂) curves of medical care. Figure 32.2 Refer to Figure 32.1.The possible reason behind the shift of the supply curve from S₁ to S₂ is:

• A)increased preference for herbal medicine among the people.
• B)increase in the marginal cost of producing medical care.
• C)increase in the per capita income of the people.
• D)economies of scale being experienced in the production of medical care.
• E)greater health consciousness among the people.

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Definitions:

Believing

involves accepting something as true or having confidence in the truth, existence, or reliability of something without direct proof.

Risks

The potential for loss or harm when undertaking an action.

Inconsistency

The quality of being irregular or not staying the same throughout, often leading to unpredictability.

Discipline

a field of study or branch of knowledge but also refers to training people to obey rules or a code of behavior, using punishment to correct disobedience.