100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
Previously searched by you
ECS3710 ASSIGNMENT 2 SEMESTER 2 2024 Watch video 2.2 in Lesson 2 and discuss the main issues about supplier-induced demand in South Africa. (10) Question 2: You are the manager of a private hospital that is part of an oligopoly in a local healthcare mar$4.00
Add to cart
ECS3710 ASSIGNMENT 2 SEMESTER 2 2024 Watch video 2.2 in Lesson 2 and discuss the main issues about supplier-induced demand in South Africa. (10) Question 2: You are the manager of a private hospital that is part of an oligopoly in a local healthcare mar
20 views 1 purchase
Course
Applied Health Economics - ECS3710 (ECS3710)
Institution
University Of South Africa (Unisa)
Book
Applied Health Economics
ECS3710 ASSIGNMENT 2 SEMESTER 2 2024
Watch video 2.2 in Lesson 2 and discuss the main issues about supplier-induced demand in South Africa. (10)
Question 2: You are the manager of a private hospital that is part of an oligopoly in a local healthcare market. Using the kinked demand curve, demo...
ECONOMICS Q&A for commercr class 11, class 12 school, collages and ssc cgl, upsc exam, banking exam students.
All for this textbook (2)
Written for
University of South Africa (Unisa)
Applied Health Economics - ECS3710 (ECS3710)
All documents for this subject (4)
Seller
Follow
BMZAcademy
Reviews received
Content preview
BMZ ACADEMY
BMZ ACADEMY
@061 262 1185/068 053 8213
BMZ ACADEMY 061 262 1185/068 053 8213
, BMZ ACADEMY
Table of Contents
Question 1: Watch video 2.2 in Lesson 2 and discuss the main issues about supplier-induced
demand in South Africa. (10)................................................................................................. 6
Supplier-Induced Demand (SID) in South Africa ................................................................... 6
Main Issues Related to SID in South Africa ........................................................................... 6
Overtreatment and Overutilization of Services .................................................................. 6
Medical Aid Schemes and SID .......................................................................................... 8
Impact on Health Outcomes .............................................................................................. 8
Question 2: You are the manager of a private hospital that is part of an oligopoly in a local
healthcare market. Using the kinked demand curve, demonstrate how you might respond to a
competitor’s decision to lower prices. What strategies would you use to maintain your market
share? (10) ........................................................................................................................... 9
Using the Kinked Demand Curve in an Oligopolistic Healthcare Market ................................ 9
Collaborate with Insurers................................................................................................. 12
Question 3: Imagine yourself as a hospital administrator faced with choosing to outsource the
hospital's cleaning services to an external company or continue using in-house staff. Apply
transaction cost economics to help you decide. (20) ........................................................... 12
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller BMZAcademy. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for $4.00. You're not tied to anything after your purchase.
