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

question 77

Multiple Choice

The figure given below shows the demand (D) and supply (S₁ and S₂) curves of medical care. Figure 18.2 Refer to Figure 18.1.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:

Facets

Aspects or phases that constitute or characterize a complex entity like a personality or a diamond's surface.

Type A Personality

A personality type characterized by high levels of competitiveness, self-imposed stress, impatience, and a constant sense of urgency.

Heart Disease

A general term for a range of conditions that affect the heart, including coronary artery disease, arrhythmias, and congenital heart defects.

Personality Characteristic

Traits or qualities that form an individual's distinctive character and influence behaviors, thoughts, and emotions.