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How would an increase in the quality of care affect the demand for medical care?  

The overall decrease in the amount of satisfaction received from consuming more healthcare is called:

The personal acceptance that a given future amount and a lesser current amount provide the same level of satisfaction at the present moment is called:

Flat-of-the-curve medicine states that the additional marginal contribution to health ________________ as the quantity of medical care increases.  

_____________________ is a vertically integrated healthcare system that attempts to coordinate patient care in a way the provides care more efficiently and less costly.  

The income of the consumer is generally assumed to be __________________ related to demand.  

Medicaid is a means-tested entitlement program that requires certain criteria to be met in order to qualify.  

In the principal-agent relationship in healthcare, which person is the agent?  

Societal and personal demand for medical care is always the same in populations.  

Resources used in the production process are called [blank1] inputs which cannot change and [blank2] inputs which can change during a given period.