Question: Suppose the full ( i . e . market ) price per surgery is $ 1 0 , 0 0 0 , and patients coinsurance

Suppose the full (i.e.market) price per surgery is $10,000, and patients coinsurance rate increases from 10% to 20%. Calculate the out-of-pocket price before and after the rate increase, and draw a graph depicting how this change would affect the out-of-pocket price and quantity of surgical services demanded at the hospital, labeling the quantities Q10% and Q20%

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