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18 May, 13:12

Canada has nationalized health care, so that everyone, regardless of their ability to pay, has some access to health care. Based on this observation, Canada has decided that "everyone, regardless of their ability to pay" is the answer to what microeconomic question?

For whom will health care be produced?

Why will we offer health care?

Must we offer health care?

What type of health care will be produced and in what quantity?

How will health care be produced?

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  1. 18 May, 13:34
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    For whom will health care be produced?

    Explanation:

    The study of microeconomic theory is surrounded by three basic questions. The three fundamental questions of economics are solving the basic problems faced by economic agents. What to produce? How to produce? Who to produce for? These questions are pertinent because resources are scarce, but human needs are unlimited. Therefore, one has to choose the best combination of resources to make a production that meets human needs. The timing of production will depend on the perception of needs (demand), so that as man evolves, new demands emerge to improve people's quality of life.

    These questions perfectly apply to microeconomic sectors such as the health sector. These three questions may apply to microeconomic sectors. In the case of health, it would be How will health care be produced? What type of health care will be produced and in what quantity? "For whom will health care be produced?" The answer to this question is given in the text to citizens living in Canada.
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