- That is the most recent in our sequence of posts in our sequence on worth concept issues with Professor Bryan Cutsinger. You’ll be able to see all of Cutsinger’s issues and options by subscribing to his EconLog RSS feed.Share your proposed options within the feedback. Professor Cutsinger might be current within the feedback for the following couple of weeks, and we’ll publish his proposed answer shortly thereafter. Might the graphs be ever in your favor, and lengthy reside worth concept!
Query: Over the previous a number of many years, the inflation-adjusted worth of healthcare has elevated. Primarily based on this info alone, are you able to infer the supply of the upper worth—decrease provide or greater demand? If not, what further knowledge would you must decide whether or not greater costs are being pushed by modifications in provide or demand?