Problem
A. Is it more likely that Personal Health Care Goods and Services will be NEEDS (absolute necessities), or WANTS (things we would like, but can do without and suffer no lasting harm from not purchasing them).
B. Briefly describe TWO special characteristics of the demand for medical services that people do not face when buying cars, electronics, and other standard consumer goods.
C. Is Lasix surgery, in considered a NEED, or a WANT?
Give and justify your answer.
Refer back to your answer to A. above.
D. Briefly - when people are faced with a life-threatening illness, give ONE reason why they are not likely to go comparison shopping among doctors and hospitals for the best treatment at the best price.