What is Non-Price Rationing?

Affects on Medicare-for-All?

[By staff reporters]
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Queuing is a commonly-used way to solve the rationing problem caused by price ceilings.
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A queue is a waiting line that solves the rationing problem on a “first-come, first-served” basis. Although price ceilings limit the monetary cost that buyers can pay so that buyer equilibrium cannot be restored by higher prices, they do not limit the nonmonetary cost of waiting.
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Assessment:
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So, what might be the implications of non-prioce rationing and the current M4A initiatives?
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