Assignment
1) List and briefly describe the types of market failure in the health care market.
2) (a) In supply and demand analysis, how does the market equilibrium occur?
(b) Describe how market forces push the market toward equilibrium.
(c) Give an example of how government intervention can keep a market out of equilibrium, explaining why the authorities would want to do this.
3) (a) Which ethical philosophy supports free public health care, and why?
(b) How does inequity manifest in health and health care?
Diagrams/Charts/Graphs can be used where necessary.
Format your assignment according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.