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b. If we were to construct a demand curve for regular outpatient visits (not end-of-life care) by taking a survey that asked how many outpatient
b. If we were to construct a demand curve for regular outpatient visits (not end-of-life care) by taking a survey that asked how many outpatient visits each person made and the post-insurance price they paid for it, we would end up with a biased estimate of the true demand curve. Why
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Constructing a demand curve for regular outpatient visits based on survey data that includes the number of visits and the postinsurance price may lead ...
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