What happens to the demand curve for that service

Reference no: EM133457220

Questions:

1.Demands for medical care are specific to each illness and each illness can create demand for more than one type of medical care . (e.g., hospitals, doctors, drugs). Should we think about demand curves that are specific to the illness (e.g., sore throat) or the medical intervention (e.g., office visit, antibiotic injection)? Explain your conclusion

2.When the quality of medical service rises, what happens to the demand curve for that service?

3.What if quality increases in ways that are unobservable to the consumer, such as a reduction in the probability of adverse side effects?.

Reference no: EM133457220

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