Which of the following statements regarding immunization is correct?

What does price elasticity of demand mean for insurance companies and medical providers for making a decision?

Demand studies in health care have provided estimates of both income and price elasticity. Estimates of income elasticity are usually above +1.0. Estimates of price elasticity typically range between -0.1 and -.75 (with hospital services at the lower end and elective services at the upper end).     What information do these estimates convey?   What does the price elasticity of demand estimates imply for government policymakers, insurance companies, and medical providers' decisions?   What does the income elasticity of demand estimates imply for government policymakers, insurance companies, and medical providers' decisions?

Suppose that Hubert, an economist from an AM talk radio program, and Kate, an economist from a school of industrial relations, are arguing over health insurance. The following dialogue shows an excerpt from their debate: Kate: A popular topic for debate among politicians as well as economists is the idea of providing government assistance for health benefits. Hubert: I think it is oppressive for the government to tax people who take care of themselves in order to pay for health insurance for those who are obese. Kate: I disagree. I think government funding of health insurance is useful to ensure basic fairness.   The disagreement between these economists is most likely due to (DIFFERENCE IN SCIENTIFIC JUDGEMENT, DIFFERENCE IN VALUES, DIFFERENCE BETWEEN PERCEPTION VERSUS REALITY)   .   Despite their differences, with which proposition are two economists chosen at random most likely to agree? A. Employers should not be restricted from outsourcing work to foreign nations.…

Should the FDA consider economic factors in new drug approvals?

What is the economic impact of Corona Virus

If the demand curve is steeper for particular health services the moral hazard is less ? True or false  Explain briefly.