The functionalist argues that a consumer (patient)is not in a position to shop for medical treatment the way one shops for other products or services because the consumer cannot evaluate the need for treatment.This refers to the issue of __________.
A)product uncertainty
B)restricted entry
C)misallocated supply
D)norms of treatment
E)information

Question

Quizplus · Accepted Answer

The issue referred to in the statement is the lack of information available to consumers in evaluating medical treatments, which falls under the broader category of information asymmetry. This makes it difficult for consumers to make informed decisions about their healthcare needs and treatment options.

The Functionalist Argues That a Consumer (Patient)is Not in a Position