What if quality increases in ways that are unobservable
Problem
When the quality of medical service rises, what happens to the demand curve for that service? What if quality increases in ways that are unobservable to the consumer, such as a reduction in the probability of adverse side effects?
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Write a 175- to 350-word response to the following questions: Describe any successes or challenges you faced building your facility.
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What if quality increases in ways that are unobservable to the consumer, such as a reduction in the probability of adverse side effects?
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