QuestionJune 2, 2025

In the health care market, Multiple Choice demand has increased relative to supply. supply has increased relative to demand. neither demand nor supply has changed significantly in the past two decades. the concepts of demand and supply are irrelevant.

In the health care market, Multiple Choice demand has increased relative to supply. supply has increased relative to demand. neither demand nor supply has changed significantly in the past two decades. the concepts of demand and supply are irrelevant.
In the health care market,
Multiple Choice
demand has increased relative to supply.
supply has increased relative to demand.
neither demand nor supply has changed significantly in the past two decades.
the concepts of demand and supply are irrelevant.

Solution
3.4(173 votes)

Answer

Demand has increased relative to supply. Explanation 1. Analyze the Options Evaluate each option based on general trends in the health care market over recent decades. 2. Identify Market Trends Health care demand has generally increased due to factors like aging populations and technological advancements, while supply struggles to keep pace.

Explanation

1. Analyze the Options<br /> Evaluate each option based on general trends in the health care market over recent decades.<br /><br />2. Identify Market Trends<br /> Health care demand has generally increased due to factors like aging populations and technological advancements, while supply struggles to keep pace.
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