MPH 657 Mod 4 solutions

MPH 657 Mod 4 solutions

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Unformatted text preview: hospitals, doctors, drugs). Should we think about demand curves that are specific to illness (e.g., soar throat) or medical intervention (e.g., office visit, antibiotic injection). Explain your conclusions. (Phelps, problem 5, pg. 112) Demand curves are one of the most important tools we use. In relating price and medical care, however, we are implicitly holding many factors constant, including (but not limited to) income, price of the medical services/goods consumed, and illness seve...
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This document was uploaded on 04/04/2014.

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