Shows the relationship between price and quantity demanded and provides a precise calculation of the effect of a change in price on quantity demanded.
Published in Chapter:
The Good, the Bad, and the Ugly: Don't Blame COVID-19 for Health System Inefficiencies
Oscar Bernardes (Porto Accounting and Business School, Polytechnic Institute of Porto, Portugal), Vanessa Amorim (Porto Accounting and Business School, Polytechnic Institute of Porto, Portugal), and Berto Usman (Faculty of Economics and Business, University of Bengkulu, Indonesia)
Copyright: © 2021
|Pages: 25
DOI: 10.4018/978-1-7998-7263-4.ch006
Abstract
The good policymakers are creating marketing stimulus to social economy, restaurant and hotel discounts, employment maintenance aids, cultural events, etc., disseminating hope. The bad policymakers want the opposite and restrict family's circumstances and socialization. And finally, COVID-19 is blamed for all inefficiencies in the public health system, even those before the epidemic. This chapter explores why COVID-19 is innocent and not entirely responsible for health inefficiencies. The authors explore the main health concerns, analyzing earlier articles with recent documents before and during COVID-19.