Activity 9.1

1. Market is a trade of goods and services. Write down the names of 3 goods and 3 services that are traded in markets in your country. Write down the names of 3 goods and 3 services that are traded in health markets in your country. (6 marks)
2. Discuss the 9 conditions for competitive market against the health care market in your country. Are these conditions satisfied or not? State your reasons. Should Government have a role in any of these conditions? How? (10 marks)

Market condition	Is the condition met?	Reasons and evidence	What should be the Role of Govt.
Buyers able and willing to pay

Activity 9.2

What do you think are the main drivers for the demand of healthcare services in the Pacific region? Discuss it with your colleagues in the forum and give some examples from your country to justify your reasons?

(5 marks)

Activity 9.3

Pleaseplot the supply curveof the following data when price changes from $0.50 to $2.00.Determine whether supply is elastic or inelastic...usecalculationsto support your answer.Interpret your answer.

Price ($)	$0.50	$0.75	$1.00	$1.50	$2.00
Quantity	0	50,000	100,000	160,000	200,000

(4 marks)