Price O $1,600 O $400 O $0 0 1 2 $1,200 3 4 5 6 7 Quantity Demanded Please refer to the table shown above that depicts a third-party payer market. What is the cost of this program to the third-party if a $1 co-pay is established? 800 400 200 0 0 0 0 0 Quantity Supplied 0 100 200 300 400 500 600 700

Price O $1,600 O $400 O $0 0 1 2 $1,200 3 4 5 6 7 Quantity Demanded Please refer to the table shown above that depicts a third-party payer market. What is the cost of this program to the third-party if a $1 co-pay is established? 800 400 200 0 0 0 0 0 Quantity Supplied 0 100 200 300 400 500 600 700

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Price
O $1,600
O $400
O $0
O
$1,200
1
2
3
4
5 6
7
Quantity Demanded
Please refer to the table shown above that depicts a third-party payer market. What is the cost of
this program to the third-party if a $1 co-pay is established?
800
400
200
0
0
0
0
0
Quantity
Supplied
0
100
200
300
400
500
600
700

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