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2. Use comparative static analysis to explain the effects of the following events. a) A national health insurance proposal is passed that provided comprehensive health

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2. Use comparative static analysis to explain the effects of the following events. a) A national health insurance proposal is passed that provided comprehensive health insurance to millions more people than currently. How would this affect the markets for health care in the short run? [5 points) b} Suppose that there is a big breakthrough in the technology for Lasik surgery, that is1 surger designed to correct nearsightedness. Suppose further that this cuts the price of Lasik to a tenth of its previous level with no loss in quality. How would this aHect the market for eyeglasses? (5 points}

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