Tom, Mary, and Jill have apartments in the same building. Installing a security system for their building would cost $750 . Tom is willing to pay $100 for the security system, Mary is willing to pay $300, and Jill is willing to pay $300 . They meet to vote on whether to pay $250 each. The system will be installed if at least two of them vote for it. After the meeting, the security system will

Because consumers who have insurance provided by their employers usually only pay a deductible for a visit to the doctor's office

A) they demand a larger quantity of health care services than they would if they paid a price that better represented the true cost of providing the service. B) the insurance companies provide a larger quantity of health care services than they would if the consumer paid a price that better represented the true cost of providing the service. C) the doctors supply a smaller quantity of health care services than they would if the consumer paid a price that better represented the true cost of providing the service. D) they demand a smaller quantity of health care services than they would if they paid a price that better represented the true cost of providing the service.

What does it mean to say that workers and firms have rational expectations?

What will be an ideal response?