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ryzh [129]
3 years ago
12

Refer to the supply and demand data for a certain elective surgical procedure. Without health insurance, the equilibrium price a

nd quantity would be: Group of answer choices $3,000 and 7,000. $2,000 and 11,000. $5,000 and 2,000. $4,000 and 4,000.
Business
1 answer:
fenix001 [56]3 years ago
5 0

Answer:

$3,000 and 7,000

Explanation:

Please find attached the table used in answering this question

Equilibrium price is the price at which quantity demand equal quantity supplied.

Equilibrium quantity is the quantity that equates  quantity demand with quantity supplied.

Above equilibrium price there is a surplus - quantity supplied exceeds quantity demanded. As a result of the surplus, price would fall until equilibrium is reached.

Below equilibrium price there is a shortage - quantity demanded exceeds quantity supplied. As a result of the shortage, price would rise until equilibrium is reached

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Purposes of calculating the variances in a cash Budget
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A permanent fund classified under governmental funds ... A. Accounts for most of the basic services provided by the governmental
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15. A bottle‐filling operation has a target value of 20 and consistently averages 19.8 with a standard deviation of 0.5. The des
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Answer:

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