Growth in the share of health-care expenditures covered by third parties (for example, insurance or government programs) will
a. place downward pressure on the prices of health-care services.
b. reduce the incentive of suppliers to provide consumers with health-care services at a low cost.
c. make consumers more sensitive to the price of health-care services.
d. make it easier to control the growth of health-care expenditures.
B
Economics
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