HCS 440 Economics: The Financing of Health Care Week One Discussion Questions

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  • Most people feel health care is priceless; however, health care comes with a steep cost. What factors must be considered when looking at the true cost of care?
  • What is a demand curve? Provide an example of a demand curve in health care. How could this example affect the economics of health care?
  • What is revenue? How is marginal revenue determined? Why is it necessary to at least have marginal revenue in a health care organization?