This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is not a rationale for government involvement in health care markets? a. ... (Read 70 times)

BrownTown3

  • Hero Member
  • *****
  • Posts: 564
on: Jul 1, 2018
Which of the following is not a rationale for government involvement in health care markets?
 
  a. Government involvement is necessary to prevent the spread of contagious diseases, which are type of externality.
  b. Government involvement is necessary to provide individuals with information on the quality of health care by regulating drugs and physicians.
  c. Government involvement is necessary to ensure that physicians do not form illegal cartels to restrict entry into medicine in order to increase profits.
   d. Government involvement is necessary to ensure that everyone has health insurance and thus can gain access to health care.

Question 2

One reason the supply and demand model might not be appropriate to the health-care industry?
 
  A) Consumers do not have full information.
  B) Providers do not know the demand for health-care services.
  C) Consumers do not know how to value their own health.
  D) The costs of finding a doctor are too low.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kkenney

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

A


BrownTown3

  • Member
  • Posts: 564
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

mcabuhat

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Standard Precautions for the Care of all Patients in All Health Care Settings Standard Precautions for the Care of all Patients in All Health Care Settings
The annual pattern of rings changes with ocean temperature and coral health The annual pattern of rings changes with ocean temperature and coral health
Eating calcium-rich foods daily assists with bone health, muscle contraction, and blood clotting Eating calcium-rich foods daily assists with bone health, muscle contraction, and blood clotting
The Economics of Money, Banking and Financial Markets, Business School Edition The Economics of Money, Banking and Financial Markets, Business School Edition
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
The potential involvement of colchicine in doubling the chromosome number The potential involvement of colchicine in doubling the chromosome number
Video: Role of complement proteins

For a complete list of videos, visit our video library