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What is the second patient marginal cost of the consultation

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Question: Suppose that a medical specialist charges $300 per consultation. If your insurance charges you a $25 co-pay, what is the marginal cost of your consultation? Suppose that a second patient has a different policy that requires a 25% coinsurance payment, but no co-pay. What is the second patient's marginal cost of the consultation? Which patient is more likely to see the specialist?

Reference no: EM131481285

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