Question: Using a demand-and-supply graph, show and explain the effect on equilibrium market price and quantity for health care of the following: The virtual elimination of

Using a demand-and-supply graph, show and explain the effect on equilibrium market price and quantity for health care of the following:

  1. The virtual elimination of smoking in the population on the market for hospital services.
  2. Increases in physician malpractice insurance rates on the market for physician services
  3. A per unit excise tax imposed on the physician for cosmetic plastic surgery.

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