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a. (10 pts Why a randomized control trial can help you get a correct estimate of healthcare demand. b. Explain the empirical relation between the

a. (10 pts Why a randomized control trial can help you get a correct estimate of healthcare demand.

b. Explain the empirical relation between the urgency associated with a health care product (for instance, unplanned emergency department admissions versus other hospital admissions) and price elasticityasticity of demand for such product.

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