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:

Difficulty In Concentrating

A common cognitive issue where an individual finds it challenging to focus their attention on specific tasks or for an extended period of time.

Neuroticism

A personality trait characterized by anxiety, fear, moodiness, worry, envy, frustration, jealousy, and loneliness.

Big Five

A model of personality that outlines five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Personality

A person’s characteristic patterns of behaving, thinking, and feeling.