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Assuming Competitive Markets

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Assuming competitive markets, use supply and demand graphs to appraise

0

20

40

60

80

100

120

0 5 10 15 20 25 30

Demand

Supply

At 20% Uninsured Population

Quantity

Equilibrium Price

Linear (Quantity)

Linear (Equilibrium Price)

0

20

40

60

80

100

120

0 20 40 60 80 100 120

Demand

Supply

After the New Law

Quantity

Equilibrium Price2

Linear (Quantity)

Linear (Equilibrium Price2)

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Assuming competitive markets, use supply and demand graphs to appraise At 20% Uninsured Population 120 100 Demand 80 Quantity 60 Equilibrium Price Linear (Quantity) 40 Linear (Equilibrium Price) 20 0 0 5 10 15 20 25 30 Supply After the New Law 120 100 Demand 80 Quantity 60 Equilibrium Price2 Linear (Quantity) 40 Linear (Equilibrium Price2) 20 0 0 20 40 60 Supply 80 100 120 At no Equilibrium Price 120 100 Demand 80 Quantity 60 Equilibrium Price2 Linear (Quantity) 40 Linear (Equilibrium Price2) 20 0 0 0.2 0.4 0.6 Supply 0.8 1 Name: Assuming Competit ...
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CUNY Brooklyn College Supply and Demand Model Economics Essay

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