Which of the Following Is Not a Problem in Health-Care

question 41

Multiple Choice

Which of the following is not a problem in health-care markets?

• A) Hospitals are not trying to maximize their profit.
• B) asymmetric information
• C) public-health externalities
• D) a missing insurance market
• E) None of the above answers is correct; that is, all the answers are problems in health-care markets.

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Definitions:

Duress

Compulsion, force, or undue pressure exerted upon a person to coerce them into performing an act against their will.

Threatens

Expresses an intention to cause pain, injury, damage, or other hostile action against someone in retribution for something done or not done.

Sell

The act of transferring ownership of a good or service to another party in exchange for money or other compensation.

Offers More

Implies providing additional benefits or proposals beyond the initial offer.