🎴 Flashcard Mode
Supply of Health Care
Card1 / 14
Mastered0
Review0
QuestionClick to flip
What is the main determinant of the supply of health care?
AnswerClick to flip back
A
Cost of providing health care
💡 Explanation:
The cost of providing health care is the main determinant of the supply of health care. This is because health care providers are profit-maximizing firms, and they will only supply health care if they can cover their costs.