Provide an example of a failure of market in terms of equity/income distribution that is not life-saving medicine. Is the government doing anything to account for this failure of market? In your opinion, should they do more, less or keep doing what they are doing? Explain.

EBK HEALTH ECONOMICS AND POLICY
7th Edition
ISBN:9781337668279
Author:Henderson
Publisher:Henderson
Chapter3: Analyzing Medical Care Markets
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Provide an example of a failure of market in terms of equity/income distribution that is not life-saving medicine. Is the government doing anything to account for this failure of market? In your opinion, should they do more, less or keep doing what they are doing? Explain.

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