Solution-How the existence of positive externalities affect

How the existence of positive externalities affect a market

Reference no: EM132838849

Question - It is frequently stated (by non-economists) that healthcare "does not observe the laws of supply and demand." An economist would be more likely to say that health care markets have special characteristics that make supply and demand behave in unusual ways. Explain why you agree or disagree with the economist's view. Using health care examples, explain how the existence of positive externalities would affect a market. Why is government intervention or assistance often desirable in these cases?

Reference no: EM132838849

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How the existence of positive externalities affect a market

Reference no: EM132838849

Reference no: EM132838849

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