HMGT435 Health Care Economics Summer 2017 Assignment #1 1. Suppose this is the market demand curve of eye glasses. Respond to each following scenario...
Suppose this is the market demand curve of eye glasses.
Respond to each following scenario about how the demand (or quanTty demanded) may
You need to post one of the Fgures copied from the study material Fle for each
quesTon and brieÂ±y explain it in your own words. (40%)
Â²he price of eye-glasses goes up.
Â²he price of eye-glasses goes down.
Â²he price of contact lens goes up.
Â²he price of contact lens goes down.
An increase in the income of consumers.
A decrease in the income of consumers.
A successful adverTsement that promotes a fashion to wear glasses.
A news shows that more and more people who wear contact lenses cause keraTTs.
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