Question
Supplier induced demand
Answer :
Word Count : 344
Supplier-induced demand (SID) refers to a situation in the health care market where the supplier of medical services—typically doctors or health care providers—has the ability to influence a patient’s demand for care beyond what would be medically necessary. This phenomenon arises mainly due to information asymmetry, where the provider knows much more about medical procedures and treatments _______ _________ ________ ___ ________ _____.
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Supplier-induced demand (SID) refers to a situation in the health care market where the supplier of medical services—typically doctors or health care providers—has the ability to influence a patient’s demand for care beyond what would be medically necessary. This phenomenon arises mainly due to information asymmetry, where the provider knows much more about medical procedures and treatments _______ _________ ________ ___ ________ _____.
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