minus-squareSpitefire@lemmy.worldtoMicroblog Memes@lemmy.world•Also waiting on insurance to tell the hospital that they won't cover it.linkfedilinkEnglisharrow-up27·26 days agoHealthcare is the literal example of inelastic demand my prof used to teach us the concept. If you die without it, then there is no price where a reasonable actor can choose to stop participating in the market. linkfedilink
Healthcare is the literal example of inelastic demand my prof used to teach us the concept. If you die without it, then there is no price where a reasonable actor can choose to stop participating in the market.