Describe an example of a particular health care

Assignment Help Microeconomics
Reference no: EM13148996

Market Structure and the Determination of Market Price

Identify an example of a health care good or service to explore for this Discussion. The following submarket may guide your consideration use (Pharmaceuticals industry diabetic medication) in discussion questions.

· Describe an example of a particular health care good or service at the beginning of your posting.

· To what extent do the providers of the good or service influence consumers' decisions?

· Analyze how you could shift the supply curve or the demand curve to affect the market price for your selected example.

· What substitutes are available, or what is the possibility of developing substitutes?

· Evaluate the impact of two or three factors that could influence the extent to which the supply curve or demand curve could be shifted (e.g., competition, monopoly, availability of substitutes, production inputs and costs).

· Please provide references to back up info. Only a page with references

Reference no: EM13148996

Questions Cloud

What is the rate of output that maximizes zzz : Its demand curve can be written as P = 160 - Q and its short run total cost curve is equal to TC = 1000 + Q^2. What is the rate of output that maximizes ZZZ, Inc.'s short run profits?
Explain which absorption band is more intense : Which absorption band is more intense; a band due to a single S-O bond or a band due to a single Si-C bond? 2) Compound A (C21H32) decolorizes a solution of bromine in CCl4
Determination of beneficiary income problem : Determination of Beneficiary's Income. A trust is authorized to make discretionary distributions of income and principal to its two beneficiaries, Roy and Sandy. Separate shares are not required.
Making decision using significance level : Below is the number of new cars sold at Sharkey in the last seven months and for the last eight months at Dave White. Do you agree with Mr. Sharkey? Use the .01 significance level."
Describe an example of a particular health care : Describe an example of a particular health care good or service at the beginning of your posting and to what extent do the providers of the good or service influence consumers' decisions?
Net profits accrued as of date of termination : The division sale was completed in March 2010, and Employer refused to pay Employee any part of the net sale proceeds or any accrued net profits. Employee sued to collect her share of the net proceeds of the sale and the net profits accrued as of ..
What effect if any does each of the following events have : What effect, if any, does each of the following events have on the price elasticity of demand for corporate-owned jets?
Discretionary distributions of income and principal : Determination of Beneficiary's Income. A trust is authorized to make discretionary distributions of income and principal to its two beneficiaries, Roy and Sandy.
Explain the protons that give rise to the signal : The protons that give rise to the signal at 7 ppm are more shielded than the protons that give rise to the signal at 9 ppm. B) The protons that give rise to the signal at 7 ppm are less shielded than the protons that give rise to the signal at 9 p..

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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