Read the included articles that discuss the law of diminishing returns, elasticity, and price setting as they relate to healthcare. Write a 3-4 page paper that includes the following:
1. What is the law of diminishing returns and how does it apply to healthcare?
2. What is elasticity and how does it apply to healthcare?
3. Is the healthcare industry elastic or inelastic? Explain.
4. Describe two ways COVID-19 may change healthcare practice over the next 2-3 years.

Other article sources to use:

My Nightmare: The Law of Diminishing Returns As Applied to Healthcare

https://www.thestreet.com/politics/law-of-diminishing-returns-14831243

9 ways Covid-19 may forever upend the U.S. health care industry