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“Demand, Cost and Price Adaptation” Please respond to the following:Referring to the same novel health care product or service you came
up with last week (Week 6 Discussion), determine how you would assess
demand for and the cost to produce your product or deliver your service
and establish a price. Provide a rationale to support your response.Describe a situation that would require you to adapt the price of
your product or service. Consider the impact of government and private
payers on your pricing strategies. Provide specific examples to support
your response.

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