1-Suppose you would like to exploit a highly elastic demand for a health harming consumption good. Meaning, you can increase the price (via higher taxes) and see a significant drop in quantity demanded for this good. Which of the following goods would this work best for?

A. Cigarettes

B. Junk food

C. Alcohol

D. Marijuana

2-

The demand in health care is defined as the total amount of a given product/service at a set price in a specific time period.

true/false

3-

Economic evaluation provides a framework for identifying the costs and benefits of different options for delivering goods and services.

true/false

4-Suppose a health economist evaluates the long-term impacts of the COVID-19 mass vaccination in Canada; what discount best applies to this type of model?

A. Two-stage discounting

B. No discounting - not applicable to this model

C. Constant discounting

D. Opportunity discounting