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Assignment on applying law of demand
Assuming 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 within the topic: “Physician’s Office”.
- 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?
Please understand assignment and topic with the questions before bidding.
APA references only.