Business, 05.05.2020 17:17 robert7248

Suppose that the market equilibrium price for a basic medical check-up is $50, in a market in which there is no health insurance. To encourage more people to get a check-up, the local government mandates that the price of a check-up cannot be more than $40. Would the number of check-ups in this market, increase, decrease, or remain unchanged, relative to the market equilibrium

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Suppose that the market equilibrium price for a basic medical check-up is $50, in a market in which...

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