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True or False : regulation and technology does not influence the demand and delivery of care...

True or False : regulation and technology does not influence the demand and delivery of care of services

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Answer #1

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Regulation has an influence on demand because it occurs to control or influence the behavior of consumers and producers both by control on market entries, price, wage, taxes, and other financial regulations, and Technology will change the cost of production at a given output. The output produced cost will influence the price of the product. And the change in price will influence the demand, that's why this sentence falls.

Hence, the statement that regulation and technology does not influence the demand and delivery of care of services is falls.

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