Please respond to the following:
- From the Discussion Preparation, analyze at least two primary economic assumptions and examine their short- and long-term impact on promoting the competitive market model in the health care environment. Evaluate the fundamental reasons why price and utilization economic factors in the health care setting influence competitive market status in regard to supply and demand for health care services. Provide at least one example of such factors to support your response.
- Take a position on whether or not monopolistic competition works within a health care setting. Support for your position should include a discussion of the monopoly model being used to predict the allocation of resources in health care markets within preferred provider organizations.