Of the following, which would result in increasing demand in the health-care industry?
A) an increase in the spread of contagious diseases
B) an older population
C) increasing incomes
D) All of the above are demand factors that would result in higher demand.

Question

Quizplus · Accepted Answer

All of the above factors would result in higher demand for health-care services. An increase in the spread of contagious diseases would require more medical attention and resources to contain and treat them, while an aging population would require more frequent medical attention and treatment for chronic health conditions. Increasing incomes would also enable more people to afford health-care services and treatments they may have previously been unable to afford.

Of the Following, Which Would Result in Increasing Demand in the Health-Care