1. The Bonus Question Challenge. Put on your health economist consultant hat and help Miss Ela Sticity respond to one concerned reader (15 max extra points). Dear Miss Elasticity. My boss is taking health econ class, and I do need to make a good impression. As an English major in college, I have no idea what is the economic purpose of having rankings for hospitals, and even for colleges, such as those published by USNews (see image below). How can you explain this from an economist's point of view? Does it make sense to have a similar ranking system for doughnut shops? BEST HOSPITALS U.S.News 2023-2024