Many economists feel that markets are effi cient unless characteristics are present that lead to market failure.
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Many economists feel that markets are effi cient unless characteristics are present that lead to market failure. What sorts of market failure in the health economy can be used to justify adoption of universal NHI? What kinds of government failure can be used to argue against this proposal?
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Market failure in a health economy refers to instances where free markets do not provide an optimal allocation of resources due to inherent challenges ...View the full answer
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Related Book For 
The Economics Of Health And Health Care
ISBN: 9781138208049
8th Edition
Authors: Sherman Folland, Allen C. Goodman, Miron Stano
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