Discuss the effects of consumer demand on medical care

Assignment Help Business Economics
Reference no: EM131400873

The United States has a great consumer demand for health care services. The supply of these services or products, such as new medications or medical equipment, is affected by many factors.

Select a service or product that may be in demand by the health care consumer now or in the future.

Write a 1,050- to 1,400-word paper on your selected service or product. Include the following:

  • Discuss the effects of consumer demand on medical care services or products versus the economic variables of cost, access, and supply.
  • Support your perspective and rationale for the continued provision of a current service, or for the implementation of a new service or product, based on economic principles or supply chain models.

Cite a minimum of 3 peer-reviewed, scholarly, or similar sources.

Format your paper according to APA guidelines.

Reference no: EM131400873

Questions Cloud

What does the law of one price imply will happen : Suppose that a U.S. dollar buys more gold in Mexico than it buys in Japan. What does the law of one price imply will happen?
Impact of higher prices of imported oil : a) You are interested in looking at the impact of higher prices of imported oil in the overall cost of living. b) The government is interested in whether increases in defense spending are affecting the price level.
Determine ability of pigment to absorb different wavelengths : The experiment consisted of using a spectrophotometer to determine the ability of a pigment to absorb different wavelengths of light in chlorophyll extract.
Draw the gear and one shaft support in full section : A partial top view is required to show the location of the mounting holes. Standard parts are to be used wherever possible, and an item list is to be included on the drawing. Scale 1:1.
Discuss the effects of consumer demand on medical care : Discuss the effects of consumer demand on medical care services or products versus the economic variables of cost, access, and supply.
Interest rate would have on the exchange rate : Explain what effect a reduction in the U.S. interest rate would have on the exchange rate?
Extensions of long-term unemployment benefits : During the Great Recession, as in previous extended recessions, the U.S. Administration stressed job training programs and enacted repeated extensions of long-term unemployment benefits in response to persistently high levels of unemployment .
Implement big five class methods for the supplied linkedlist : CptS 223- For this micro assignment, you must implement the "big five" class methods for the supplied LinkedList class: Destructor, Copy constructor, Move constructor, Copy operator= and Move operator=.
Multiple regression analysis : Then use multiple regression analysis to show the relationship between your variables. Comment fully on your results  (from a managerial decision making perspective).

Reviews

Write a Review

Business Economics Questions & Answers

  With vertical integration in a monopolized environment

With vertical integration in a monopolized environment: When a new baseball team enters a league, the effect on nearby teams is to: The true cost of monopoly power to society is attributable to: Natural monopolies are distinguished by

  Why the three variables are appropriate explanatory

Briefly explain why the three variables are appropriate explanatory variables to predict the consumption of services or why they are related to consumption.

  Town council issues permits for trapping lobsters

Horsehead, Massachusetts lies on a bay inhabited by lobsters. The town council issues permits for trapping lobsters and is trying to determine how many permits to issue. Graph the marginal revenue and marginal cost curves for operating a boat. Suppos..

  Calculate the industry supply function

Suppose there are 100 identical firms in the perfectly competitive note-card industry. Each firm has a short-run total cost curve of the form: ST C = 0.2q^2 + 4q + 10 and MC = 0.4q + 4. Calculate the firm’s short-run supply curve with q (the number o..

  Are economies of scale evident in the airline industry

Define economies of scale. Are economies of scale evident in the airline industry? What is the implication for market entry? Airline passengers are broadly segmented by purpose of travel. Characterize the two major segments by price elasticity of dem..

  What would be the dollar value of the recessionary gap

Back in 2000, the Canadian unemployment rate averaged 6.8 percent and current dollar GDP reached $1056 billion (or $1.056 trillion). Pierre Fortin, a leading Canadian macroeconomist affiliated with the Université du Québec à Montréal, had estimated C..

  About the quality of hotels it doesnot own but franchises

An article in the Wall Street Journal reported that large hotel chains, such as Marriott, are tending to reduce the number of hotels that they franchise to outside owners and increase the number the chain owns and manages itself. Why would Marriott w..

  Bibliography related to solar power energy

Identify fifteen sources and create an annotated bibliography related to Solar Power Energy. In addition to identifying the sources, write two sentences about why you selected the source and two sentences about the content of the source.

  Economics analysis of that liability standard

Give an economics analysis of that liability standard for product-related harms.

  The formation of the european monetary union

The formation of the European Monetary Union in 1999 resulted in the creation of a single currency (the euro) and a European Central Bank. With a common central bank, the central bank of each participating nation performs operations similar to those ..

  About consumer confidence and investor confidence

It is customary for the News media to report about consumer confidence and investor confidence while discussing the national economy. How do you think the confidence of the economic agents affect the economy? From personal or work experience, state f..

  Which one of the will not offset fiscal policy

Which one of the following will not offset fiscal policy? Which of the following can correctly help to explain why US government budget deficits can be directly related to US trade deficits? Suppose that the govenment initially had a balanced budget ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd