How would you characterize your demand for health insurance


How would you characterize your demand for health insurance -- elastic or inelastic? Does the price elasticity of health insurance vary with age, ethnicity, gender, etc.? Does it vary depending on the type of medical procedure needed? If a doctor faces an elastic demand, should he/she raise or reduce the treatment fee to boost his/her revenue?

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: How would you characterize your demand for health insurance
Reference No:- TGS0938607

Expected delivery within 24 Hours