Question: Part I: Analytical Exercise: Be sure to show work to be eligible to receive partial credit. Obamacare & Health Care Demand (30 points) i.(5 points)

Part I: Analytical Exercise: Be sure to show work to be eligible to receive partial credit.

Obamacare & Health Care Demand (30 points)

i.(5 points) Before the ACA passed, PCP visits cost $20 for those with insurance.(Assume no demand from those without insurance).Below is a table of demand.

Price

Quantity

$100

50M

$80

100M

$60

150M

$40

200M

$20

250M

$0

300M

Please draw a demand curve.What is the demanded quantity?

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