Question
Using microeconomics, write on the topic of healthcare and market failure. Mention externalities, public goods, and information asymmetries that are present in the healthcare
"Using microeconomics, write on the topic of healthcare and market failure. Mention externalities, public goods, and information asymmetries that are present in the healthcare industry. Use the following three references to support your arguments."
https://www.studysmarter.us/explanations/microeconomics/microeconomics-examples/market-failure-in-healthcare/#:~:text=Get%20Started%20Now-,Definition%20of%20market%20failure%20in%20healthcare,of%20limited%20information%20and%20resources.
https://www.health.org.uk/publications/long-reads/improving-health-by-tackling-market-failure
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3210041/
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