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frozen [14]
3 years ago
11

As governor, Marcy has decided that anyone who works but earns less than $20,000 a year will have their health insurance premium

s paid for by the government.
How does this affect the equilibrium price and quantity of medical services?
a. Diminishing returnsb. Moral Hazardc. Market Failured. Adverse Selectione. Principle-agent problem
Business
1 answer:
harina [27]3 years ago
8 0

Answer:

They have risen.

Explanation:

Demand has increased, but supply has remained constant.

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