Answer:
correct answer is Use more medical services than they would if they had to paid the full price
Explanation:
given data
pay cost = 80 percent of health care
solution
when there is no insurance, consumer consumes medicinal service
until marginal benefit is equal to marginal cost .................1
here when insurance = 80 percent
then consumer will pay 20% cost at optimal marginal benefit
so
marginal benefit = 0.2 × marginal cost
so insurance more medical services will be taken compared to no insurance
There are three <span>rules of inference are used in the sentence.</span>
<span>1) </span><span>Universal Instantiation, if x is a man, then x is not
an island” and “If Manhattan is a man, then Manhattan is</span> not an island.”
<span>2) </span>Contrapositive,
If Manhattan is an island, then Manhattan is not a man.”
3) Applying
modus ponens or modus tollens. We derive the result that Manhattan is not a man.
<span>In a self-fulfilling prophecy, the assertion was originally
"false", and becomes
"true".</span>
A self-fulfilling prophecy is a forecast that specifically or in a roundabout way makes
it turn out to be valid, by the very terms of the prediction itself, because of
positive input amongst conviction and conduct. Robert K. Merton made this term
in 1948 to portray a bogus meaning of the circumstance bringing out another
conduct, which influences the initially false origination to be true.
