Determining Care For Medical Care
Economics homework help
Go to the U.S. National Library of Medicine website and review the Glossary of Frequently Encountered Terms in Health Economics. Focus on terms that define medical care demand including health demand, elasticity, principle, and agent. Compare and contrast primary individual factors of health demand, Pay attention to words like “health demand,” “elasticity,” “principle,” and “agent” that describe the need for medical care. Compare and contrast the main individual factors of health demand, elasticity, principle, and agent that influence medical care demand, and explain the significant ways in which each affects the medical care demand curve. Provide at least one example of these factors to support your rationale.