A group of people that were insured last year paid $20 out ofpocket for a primary care

Fantastic news! We've Found the answer you've been seeking!

Question:

A group of people that were insured last year paid $20 out ofpocket for a primary care visit but this year they must pay $100out of pocket for the same level of service. All other factorsremain the same. The demand for medical care as a result is: lesselastic? no change in elasticity? or more elastic? - withcalculation.