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HCS 440 week 1
CHAPTER 1 CHOICES: MONEY, MEDICINE, AND HEALTH
- Who is made better off: the surgeon or the patient?
- Why does health care cost so much?
- Are there futures contracts in health care?
- Why is health care bought and sold differently from other goods and services?
CHAPTER 2: DEMAND AND SUPPLY
- Can better quality actually decrease demand?
- Which is most sensitive to price changes: one person, one firm, or the whole market?
- Is the price of a treatment determined by the cost or production? Or by the benefits it produces? Measured in total, on average, or at the margin?
- Do politicians face demand curves?
- Please answer each questions with 150 word with 3 references