Competitive Markets, Price, Quality, and Monopoly


Using https://www.urban.org/policy-centers/health-policy-center, analyze at least two primary economic assumptions and examine their short- and long-term impact on promoting the competitive market model in the health care environment. Evaluate the fundamental reasons why price and utilization economic factors in the health care setting influence competitive market status in regard to supply and demand for health care services. Provide at least one example of such factors to support your response.