Asymmetric information in the health care market has increased the supply of health care.

Name: Asymmetric information in the health care market has increased the supply of health care.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Asymmetric information in the health care market typically leads to inefficiencies such as market failures or the under-provision of services, rather than an increase in the supply of health care. It often results in consumers making less informed decisions, not necessarily an increase in supply.

Asymmetric Information in the Health Care Market Has Increased the Supply