question archive Telehealth may also have major impacts on patients
Subject:EconomicsPrice: Bought3
Telehealth may also have major impacts on patients. One likely effect is a reduced need to travel to a doctor's office to receive care.
If this change occurred, what would be the most likely impact on demand? (Choose one answer below)
A. Decrease
B. No effect
C. Not enough information to say
D. Increase
Assuming that telehealth has impacted supply (increase) of and demand (increase) for medical care the way you predicted in the previous questions.
What will happen to the price of medical care in this market? (Choose one answer below)
A. Increase
B. Decrease
C. No effect
D. Not enough information