Q1: (Chp 11) There are some major economic issues surrounding the availability and pricing in the pharmaceutical industry. Identify and discusstwoof these economic issues (8 points)

Q2: (Chp 12) Define each of the following terms and describe the effect of each on the provision of medical care for the elderly. (a) free choice of provider, (b) mandatory assignment, (c) capitation, (d) balance billing.

Reference:

Henderson, J. W. (2023). Chapter 11 and 12. In Health Economics and Policy (7th ed.).essay, Cengage.