This topic contains a solution. Click here to go to the answer

Author Question: Article Summary More than a million Americans are estimated to have gone to other countries in 2014 ... (Read 390 times)

dejastew

  • Hero Member
  • *****
  • Posts: 562

Article Summary


More than a million Americans are estimated to have gone to other countries in 2014 for medical procedures. Documentary filmmaker Morgan Spurlock was among those Americans who travelled abroad in 2014 to partake in what is being referred to as "medical tourism". From his own experience and those of others who had also travelled for medical procedures, Spurlock found that there can be distinct advantages to medical tourism for certain patients and procedures. Those advantages include: The level of care offered in many hospitals, with the best hospitals reportedly meeting or exceeding Western standards; Significantly lower costs, examples of which include a heart bypass operation in the United States that typically runs $88,000 can cost as little as $31,500 in Costa Rica, and hip replacement surgery that averages $33,000 domestically is only $12,400 in Thailand; The ability to combine medical procedures with vacations to amazing locations around the globe.
Source: Sean Redlitz, " Surf, sand ... and surgery? Inside the world of medical tourism," cnn.com, February 6, 2015


Refer to the Article Summary.
 Assume that foreign governments begin to publicize their existing medical services to American medical tourists and more Americans consider hip-replacement surgery to improve their quality of life. What will happen in the market for hip-replacement surgery as a result of these two factors?


◦ Demand will increase, but these two factors will not shift the supply curve.
◦ Supply will increase, but these two factors will not shift the demand curve.
◦ Demand and supply will both increase.
◦ Demand will increase and supply will decrease.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by dejastew on Mar 15, 2019

Jadwiga9

  • Sr. Member
  • ****
  • Posts: 316
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly





 

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

For a complete list of videos, visit our video library