Assignment #2: applying law of demand to healthcare services

Assignment #2: applying law of demand to healthcare services

Assignment #2: applying law of demand aw of demand to healthcare services

INSTRUCTIONS
Pick one of the healthcare entities listed below and assume you were just hired as a healthcare manager. Using what you have learned so far about demand theory write a 4 to 5 page report (double-spaced) addressing the following questions:

What is the shape of the demand curve for the services you provide? (e.g. elastic, inelastic) Explain why. Include a discussion of the implications of health insurance coverage for your services provided.
Identify potential substitutes and complements and their impact on the demand curve?
Explain the factors that might lead to a shift in the demand curve for your service?
I choose a dental industry
APA style
I choose a healthcare entities

As a dental office

……………………..Answer preview…………………….

The curve for the demand of health care shows elastic demand. Its elasticity can be attributed to the fact that dental health care is not among the most important medical attentions that a population gives first priority. Teeth are easy to maintain and rarely develop complications that may require the intervention of a dentist therefore…………………………..

APA

1221 words

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