Discuss the effects of consumer demand on medical care services or products versus the economic variables of cost, access, and supply.

The United States has a great consumer demand for health care services. The supply of these services or products, such as new medications or medical equipment, is affected by many factors.

Select a service or product that may be in demand by the health care consumer now or in the future.

Write a 12,050- to 12,400-word paper on your selected service or product. Include the following:

  • Discuss the effects of consumer demand on medical care services or products versus the economic variables of cost, access, and supply.
  • Support your perspective and rationale for the continued provision of a current service, or for the implementation of a new service or product, based on economic principles or supply chain models.

Cite a minimum of 3 peer-reviewed, scholarly, or similar sources.

Format your paper according to APA guidelines.

Click the Assignment Files tab to submit your assignment.

Materials

  • Demand Versus Supply Paper Grading Criteria

 

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