Economics. Explain what curve shifts and what happens to market price and quantity in the market for dental X-Rays if
Explain what curve shifts and what happens to market price and quantity in the market for dental X-Rays if
1. A study finds the dental X-rays may slightly increase the risk of certain cancers.
2. Major insurance companies decrease the required out of pocket co-pay of dental check-ups by 50%.
3. Technology improvements make the process of giving X-rays cheaper.
4. Malpractice concerns in the dental industry require a stricter, costlier process involved with providing xrays.
1 Are there situations where the traditional economic method of dealing with scarcity by pricing the good leads to inequality?
2 What do proponents of a free market health care system point to in order to defend their stance?
3 What do proponents of a government run health care system point to in order to defend their stance?
this is not essay it's rondom course work
the course book is Henderson, James W., Health Economics & Policy. 6th ed. South-Western. 2015.
ISBN-10: 1-285-75849-8 ISBN-13: 978-1-285-75849-7.
ASSIGNMENT
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Section A
1.This will cause a reduction in the demand for dental X – Rays. This will result into a shift to the left of the demand curve. The market price will therefore reduce in relation to the low demand being experienced.2. This will enable more people to be in need of such services driving the demand upwards. Demand increase will cause the demand curve to shift to the right. The market price will also increase accordingly.3. When the service become cheaper, more people are able to afford it. This will increase the demand for such services causing the demand curve to shift to the right. The market price will rem...
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