Explain how supply and demand are impacted by COVID-19? What can insurance companies and/or medical facilities do to strengthen economic optimization?

https://jamanetwork.com/journals/jama-health-forum/fullarticle/2764547

Instructions:

– Read Chapter 2 COVID-19 link located in Course Wide Resources

– Be able to define the terms posted in Chapter 2 Terms

– APA format

– 2-page max

Assignment:

1. Explain how supply and demand are impacted by COVID-19?

2. What can insurance companies and/or medical facilities do to strengthen economic optimization?

3. What type(s) of subsidies exist and how are they beneficial and how can it contribute to consumption disequilibrium?

4. What would likely occur to consumer consumption if insurance deductibles were reduced significantly? Why?