Answer the following question :
Supply and demand analysis aids health care leaders in ascertaining the effects of changes in policy on service lines that impact a community's health (e.g., whether to expand existing services or perhaps close services).
Identify and evaluate publicly available tools that provide data and assist in formulating the basic shapes of demand and supply curves.
Communicate and elaborate on the relevance of these economic indicators in terms of pricing. Evaluate and comment on the social-cultural implications of value-based care.
References
1. Lillrank, P., Groop, P., & Malmström, T. J. (2010). Demand and supply-based operating modes: A framework for analyzing health care service production. Milbank Quarterly, 88(4), 595-615.
2. Yu, T., & Hong Yih, C. (2007). Is health care really a luxury? A demand and supply approach. Applied Economics, 39(9), 1127-1131.
No paper format and only 250 words needed