QUESTION 4 [13 points] 1Why might information problems lead to conSumer preferences for nonprot provision of some goods and services? Reconcile your answer with the observation that most physician care, drug products, and many other services are provided by for-prot rms. QUESTION 5 [29 points] Using a supply-and-demand graph and assuming competitive markets, show and explain the effect on equilibrium price and quantity of the following: (a) A technological change that reduces the cost of producing X-rays on the market for physician clinic services. ('b) Increased graduations of new doctors on the market for physician services. (c) The virtual elimination of smoking in the population on the market for hospital services