Which of the following is a demand factor in the health-care market?

Question

Quizplus · Accepted Answer

Demand factors refer to factors that affect the quantity of health care services that consumers want to buy. Treatment decisions of doctors play a significant role in determining the demand for health care as they can either prescribe more or fewer services or refer patients to specialists, thereby influencing the quantity of services that patients choose to consume. On the other hand, productivity in health care and changes in health care technology are supply-side factors that influence the cost and availability of health care services, making them supply factors rather than demand factors.

Which of the Following Is a Demand Factor in the Health-Care