A government pays private healthcare providers a fixed amount for every appointment they supply. What is the intended effect on patient fees and the number of appointments used?
Patient fees rise and fewer appointments are used.
Patient fees fall and more appointments are used.
Patient fees rise and more appointments are used.
Patient fees fall and fewer appointments are used.
127 exam-style questions on OCR GCSE Economics 3.8 Limitations of markets, covering 3.8.1 Positive and negative externalities, 3.8.2 Policies to correct externalities, 3.8.3 Impact of externality policies, and 3.8.4 Costs and benefits of externality policies. Each one has a worked solution and a mark scheme showing where the marks go.