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Suppose the government builds and staffs a hospital to provide free medical care. a. What is the opportunity cost of the free medical care? b.
Suppose the government builds and staffs a hospital to provide "free" medical care.
- a. What is the opportunity cost of the free medical care?
- b. Will individuals over consume health care in this environment?
- c. How do you ration the healthcare in this world? What alternative rationing system also exists in countries without free healthcare?
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Microeconomics
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
2nd edition
1464187029, 978-1464189104, 1464189102, 978-0716759751, 716759756, 978-1464187025
