Describe perfect competition as it relates to health care economics.
A. 300 Words each question with 1 reference each, total 600 words
1. The Pareto efficiency is a simple idea, but it is difficult to achieve. Why is this? Provide an example from outside your textbook.
2. Describe perfect competition as it relates to health care economics. What are the key characteristics? Does perfect competition provide an advantage or disadvantage to the consumer? To the health care provider/organization? Provide an example of perfect competition within health care.
B. Use Template file attached:
The purpose of this assignment is to compare the different market structures within the realm of health care. Use the “Health Care Market Structures” template to identify the four basic market structures, describe their role within health economics, describe the advantages and disadvantages of each market structure, and provide a specific health-care-related example of each market structure.
Please use two or three peer-reviewed sources to assist you with this assignment.