Why would the welfare cost of insurance be smaller, the more inelastic the demand for that type

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Why would the welfare cost of insurance be smaller, the more inelastic the demand for that type of health care?

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Exploring Economics

ISBN: 9781439040249

5th Edition

Authors: Robert L Sexton

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Question Posted: Feb 07, 2013 06:11 AM

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Why would the welfare cost of insurance be smaller, the more inelastic the demand for that type

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The helth re exenditure in US is ne f the lrgest sending rtins f USs rel GD lmst 173 f ...View the full answer

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