Business, 15.02.2021 21:00, balka75

Consider how health insurance affects the quantity of health care services performed. Suppose that the typical medical procedure has a cost of $100, yet a person with health insurance pays only $20 out of pocket. Her insurance company pays the remaining $80. (The insurance company recoups the $80 through premiums, but the premium a person pays does not depend on how many procedures that person chooses to undergo.) Consider the following demand curve in the market for medical care. 1. Based on the given demand and supply, the given transportation problem is
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2. Before finding the initial solution, a dummy should be introduced.?
3. The total cost of the optimal solution =?

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Consider how health insurance affects the quantity of health care services performed. Suppose that t...