Which of the following is true regarding president donald trump's pledge to repeal and replace the aca? improvement in medical technology will probably be decreased because of the costs outweighing the benefits. the fda will no longer be allowed to approve "biosimilars." purchasers of devices will continue to pay the excise tax. innovation and diffusion of technology is not likely to be affected in any major way.

Acompetitive market in healthcare would a. overprovide healthcare because the marginal social benefit of healthcare exceeds the marginal benefit perceived by consumers b. underprovide healthcare because it would eliminate medicare and medicaid c. underprovide healthcare because the marginal social benefit of healthcare exceeds the marginal benefit perceived by consumers d. overprovide healthcare because it would be similar to the approach used in canada