1. Describe the product or service you supply to your patients. Pharmaceutical (generic drugs)

1. Identify the market structure of your industry and analyze the key characteristics of your industry that lead to your identification of this market structure.

2. Given this market structure, evaluate how prices charged for your services/products are determined.

3. Evaluate how does the existence of private and public insurance influence the revenues you receive for this service/product.

4. Given the government regulations impacting the health industry that have been discussed in this class, identify and discuss a government regulation that has been implemented in this industry.

5. Identify a market failure(s) discussed in class that government regulation attempted to address.