Consider the health care issue that you identified in the Week 2 activity and address each of the following in a 3-4 page Word document:

Physics by Geoffrey

Applying Economic Principles

Consider the health care issue that you identified in the Week 2 activity and address each of the following in a 3-4 page Word document:

  1. Explain how economic principles can be applied to this issue to effectively guide decision making.
  2. Demonstrate how supply and demand curves are used to accurately assess the issue.
  3. Analyze how the cost curve can be used to assess the issue. Provide an example.
  4. Compare capitation, fee for service, and pay-for-performance financing payment models to accurately reveal their similarities and differences.