economics 7

1.      
Physician’s Practice and Professional Training” Please respond to the following:

 

a.      

•Hypothesize about changes in health care over the next 10 years that would increase the amount of SAV the most. Explain your rationale.

b.     

•From the e-Activity, discuss whether “barriers to entry” are a good, bad, or indifferent to the health care industry. Explain your rationale.

2.      
“The Pharmaceutical Industry” Please respond to the following:

 

a.       •Direct-to-Consumer (DTC) advertising of prescription drugs has grown rapidly. Discuss the pros and cons of DTC advertising from the perspective of physicians and patients.

b.      •Assess and discuss possible economic and noneconomic factors that may contribute to the variation of health resources spent on drugs across countries. Provide specific examples to support your response.