Discuss the impact of copays and deductibles on demand

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Reference no: EM133776512

Discussion 1
Explain the price elasticity of demand? Why is this important when looking at the demand for health care?
Health care has both a consumption component and investment component? What is the investment component and can you provide an example?

Discussion 2
What is the definition of moral hazard? How do insurance companies reduce its influence?
Discuss the impact of copays and deductibles on demand for health care services for insured individuals
Identify at least three factors that impact the demand for health insurance? Provide an example of each factor.

Discussion 3
From an economic perspective, at what point does a firm decide to shut-down? Explain.
When a market is perfectly competitive what does this imply about the supply curve and the price charged for a particular good?

APA Requirements -Include Scholarly Evidence: Include at least TWO APA formatted references for each section with correlating in-text citations.

Reference no: EM133776512

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