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Health care Systems - socrative questions
Terms in this set (15)
What is the economic term for the satisfaction obtained from purchasing a good or service?
Which of the below has three basic types:(1) land, including all natural resources; (2) labor; and (3) capital, including physical resources produced by labor.
A. Sellers' expectations
C. Supply schedule
The value of any additional goods declines as one consumes one or more of it.
Law of diminishing marginal utility
The various amounts of a quantity consumers are willing and able to purchase at each specific price in a set of possible prices during some specified period of time
Economic concept that measured the responsiveness of consumer demands to a change in price.
The point where the supply and demand curve intersect
All of the following are characteristics of a "Perfect Competition" market structure EXCEPT:
A. Many buyers and sellers
B. Freedom of entry and exit
C. Standardized products
D. Full and free information
When patients are isolated from costs, they often demand additional services, even though these services may provide limited or no benefits. True or False?
Based on the results of a health economic survey, which of the following is (are) cited as reasons why the health care market is NOT a competitive market?
A. Numbers of buyers and sellers
B. Entry into and exit from the market
C. Variation in products, services, and quality
D. Inelastic demand
E. All of the above
Oligopoly is defined as a market structure, which features only one seller of a product that has no close substitutes. True or False?
One person in 100 develops schizophrenia. (1% of the gen population) True or False?
A person who has one or both parents with mental illness is more likely to develop mental illness. True or False?
People with mental illness tend to be violent. True or False?
People who are poor are more likely to have mental illness than people who aren't. True or false?
Mental illness tends to develop during adulthood. True or False?
THIS SET IS OFTEN IN FOLDERS WITH...
Health Care Delivery Exam 1
Hospital systems test 2 (chp 9/11)
Health Care Systems Exam 2 - 8,9,11
Healthcare Systems: Ch 8
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