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Microeconomics

13th Edition
Roger A. Arnold
ISBN: 9781337617406

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BuyFindarrow_forward

Microeconomics

13th Edition
Roger A. Arnold
ISBN: 9781337617406
Textbook Problem

Economists often say, “There is no such thing as a free lunch.” How is this saying related to patients moving from a system in which they cannot sue their HMOs to one in which they can?

To determine

The right to sue the HMO.

Explanation

The movement of patients from a system in which they cannot sue against their HMO’s to a system in which they can sue their HMO s is closely related to the saying that “there is no such thing as a free lunch”. This statement implies that nothing can be enjoyed without paying the price of it...

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