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Scenario: Doctors routinely ask patients for personal information such as occupation, employer, home address, and insurance coverage. Answer these questions: How do the following factors
Scenario: Doctors routinely ask patients for personal information such as occupation, employer, home address, and insurance coverage.
Answer these questions:
- How do the following factors affect the scope for price discrimination in medical services?
- Doctors treat patients on an individual basis, and it is physically impossible to transfer medical treatment from one person to another.
- Characteristics such as occupation and home address are quite fixed.
- Explain how, if doctors use price discrimination, they can treat more patients than if they use uniform pricing.
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