Describe how the findings from the RAND Health Insurance experiment supports the finding that moral hazard is a problem in health insurance markets.

describe and name three supply side responses to deal with moral hazard. specifically address how ea Show more describe and name three supply side responses to deal with moral hazard. specifically address how each item limits or prevent moral hazard. Describe how the findings from the RAND Health Insurance experiment supports the finding that moral hazard is a problem in health insurance markets. Graphical problem: Create an Excel graph to answer the following question. Make sure and put your name in the Title of the graph. Assume that the supply of medical visits is: P=10Q Assume that the demand for medical visits is: P=108 2Q a. Solve for the equilibrium price and quantity in the absence of health insurance. Now assume full insurance b. Calculate the deadweight loss associated with the moral hazard arising from full insurance. c. Add a colored triangle to your graph to shade in the deadweight loss graphically. Note: It should be done in excel. thanks Show less