Q. Write a paper of no more than 700 words about the marketplace for a health care good or service, such as blood or organ donation or nursing care facilities, addressing the subsequent items:
• Elucidate how resource scarcity influences this marketplace also describe choices stakeholders must make.
• Describe economic flows that affect the health care marketplace.
• Illustrate what are some causes of change in supply also demand? How do they affect equilibrium cost also quantity?
• Are the pricing decisions for this marketplace elastic or inelastic? How does that affect the decisions?