Term Papers:  Examine the roles of the principal and the agent in helping consumers to  determine the demand for medical care in the described situation.  

Term Papers:  Examine the roles of the principal and the agent in helping consumers to  determine the demand for medical care in the described situation.

Health Demand, Elasticity, Principle and Agent in Determining Demand for Medical Care

compare the primary individual factors that  influence demand, and explain the significant ways in which each affects  the demand curve.

Provide at least one (1) example of these factors to  support your rationale.

Imagine a situation where consumers have incomplete information  about their health status and about the productivity of medical care.

Examine the roles of the principal and the agent in helping consumers to  determine the demand for medical care in the described situation.

Provide at least one (1) detailed example of such roles in action to  support your response.