Economics The presence of co-insurance has the following effect on price elasticity of demand: ______________             a.  Makes demand curve more elastic             b.   Makes demand curve more inelastic             c.  Can have either effect

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Chapter16: Information, Risk, And Insurance
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Economics

The presence of co-insurance has the following effect on price elasticity of demand: ______________

            a.  Makes demand curve more elastic

            b.   Makes demand curve more inelastic

            c.  Can have either effect

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