All of the Following Are Reason Why Markets Are Unlikely

question 27

Multiple Choice

All of the following are reason why markets are unlikely to yield high quality and efficient health care in the absence of intervention except:

• A) There is an asymmetric information problem where households know more about their situation than healthcare providers
• B) Some providers may seek to raise profits by subscribing unnecessary tests
• C) Financial markets may limit health care providers ability to manage stocks of medicines and supplies
• D) Households' lack of knowledge regarding when to seek care may diminish efficiency

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Definitions:

Indigenous Peoples

Ethnic groups who are the original inhabitants of a territory, often having distinct languages, cultures, and traditions, which may differ from mainstream cultures.

Toxic Breast Milk

Breast milk contaminated with harmful substances, such as environmental pollutants or drugs, which can adversely affect infant health.

Inuit

Indigenous peoples inhabiting the Arctic regions of Greenland, Canada, and Alaska.

Indigenous Peoples

Ethnic groups who are the original inhabitants of a region, before the arrival of colonizing populations, and who maintain traditions or aspects of an early culture associated with the region.