Assignment:
Supply in Health Care
You will then apply your understanding of economic concepts to explain the factors influencing its supply curve.
Select one of these important services or goods that make up health care supply:
I choice: Medical technology to be incorporated in the below question
Question: 1
Consider how this health care submarket compares with one or more non-health care markets, such as education (e.g., teachers, school buildings) or entertainment (e.g., opera singers, books).
Here is additional source for the top: HRSA Health Professions Browse the Health Workforce Studies section of this website to find analysis reports on the submarket you select for the Discussion.
Supply in Health Care
You will then apply your understanding of economic concepts to explain the factors influencing its supply curve.
Selectoneof these important services or goods that make up health care supply:
I choice: Medical technology to be incorporated in the below question
Question: 2
Would you expect the supply curve for your selected submarket to be elastic or inelastic? Why? Think of one or more implications related to the elasticity or inelasticity of this good or service for those working in health care organizations.