What is the shape of the demand curve for the services you provide? (e.g. elastic, inelastic) Explain why.
Pick one of the healthcare entities listed below and assume you were just hired as a healthcare manager. Using what you have learned so far about demand theory write a 4 to 5 page report (double-spaced) be mindful to use APA format for the paper and your references addressing the following questions:
What is the shape of the demand curve for the services you provide? (e.g. elastic, inelastic) Explain why. Include a discussion of the implications of health insurance coverage for your services provided.
Identify potential substitutes and complements and their impact on the demand curve?
Explain the factors that might lead to a shift in the demand curve for your service?
Choose one of the following to discuss the questions above:
Non-profit hospital
Ambulatory Surgery center
Pharmacy
Physicians Office
Cosmetic Surgery Center
Dental Office
Laser Eye Center
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