How does telemedicine affect the demand for primary care

Reference no: EM133367625

During the pandemic, the use of telemedicine for primary care visits has significantly increased. From a patient's standpoint, how does telemedicine affect the demand for primary care visits? Think about the consumer's full cost of a visit. From a provider's standpoint, how does telemedicine affect the supply of primary care visits? Think about fixed and variable costs. In 2022, assuming the pandemic is mostly under control, will the equilibrium price and quantity of primary care visits--including in person and telemedicine--be higher or lower as compared to 2019 (prior to the pandemic)? Justify your answer.

Reference no: EM133367625

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