Which of the following is not a problem in health-care markets?
A) hospitals are not trying to maximize their profit.
B) asymmetric information.
C) public-health externalities.
D) a missing insurance market.
E) None of the above answers are correct; that is, all the answers are problems in health-care markets.

Question

Quizplus · Accepted Answer

Hospitals, like any other business, are trying to maximize their profit. Therefore, it is not a problem in health-care markets.

Which of the Following Is Not a Problem in Health-Care