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Supplier-induced demand refers to which of the following- A- When phys.pdf

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Supplier-induced demand refers to which of the following? A. When physicians are a supplier of a service, they use their information advantage over patients and insurers to benefit themselves. B. If physicians' income falls, they use their role as their patients' agent to prescribe additional services. C. When supply increases faster than demand for physicians, the price of physician services does not decline but either increases or stays the same. D. All of the above..

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Supplier-induced demand refers to which of the following? A. When physicians are a supplier of a service, they use their information advantage over patients and insurers to benefit themselves. B. If physicians' income falls, they use their role as their patients' agent to prescribe additional services. C. When supply increases faster than demand for physicians, the price of physician services does not decline but either increases or stays the same. D. All of the above.

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