economics report and need a sample draft to help me learn.
Discuss how a hospital’s demand curve differs from the market demand curve for hospital services, discussing specifically the role of other hospitals’ price and quality and the role of each hospital’s medical staff. Under what circumstances would the elasticity of the hospital-level demand curve match that of the market level demand curve? When these circumstances do not hold, would the hospital-level demand curve have a larger or smaller elasticity (in absolute value)? Why?