can you rewrite these in short concise bullet-point format that I can use for slides, and can you also make a table with the elements of the market in the left vertical column, with the 2nd vertical column describing an example of the perfect market, and a third column describing how the healthcare market fails for that element?
user
slide 1: elements of market
- large number of buyers & sellers
- homogeneous product
- perfect information
- no barriers to entry/exit
- zero transaction costs

slide 2: perfect market vs. healthcare market

| element                | perfect market example                 | healthcare market failure                 |
|------------------------|-----------------------------------------|-------------------------------------------|
| buyers & sellers       | numerous, no single buyer/seller impact | limited options, monopoly-like entities   |
| homogeneous product    | identical goods (e.g., apples)          | patients require individualized treatment |
| perfect information    | complete product & price knowledge      | asymmetric information, fragmented data   |
| entry/exit barriers    | easy to enter/exit market (e.g., lemonade stand) | high barriers (licenses, costs, regulations) |
| transaction costs      | no costs in transactions                | high costs due to insurance, admin, etc.  |

slide 3: healthcare market challenges
- limited competition
- complexity & individualization
- asymmetric information
- regulatory barriers
- high transaction costs
assistant
Slide 1: Elements of Market
- Large number of buyers & sellers
- Homogeneous product
- Perfect information
- No barriers to entry/exit
- Zero transaction costs

Slide 2: Perfect Market vs. Healthcare Market

| Element                | Perfect Market Example                 | Healthcare Market Failure                 |
|------------------------|-----------------------------------------|-------------------------------------------|
| Buyers & Sellers       | Numerous, no single buyer/seller impact | Limited options, monopoly-like entities   |
| Homogeneous Product    | Identical goods (e.g., apples)          | Patients require individualized treatment |
| Perfect Information    | Complete product & price knowledge      | Asymmetric information, fragmented data   |
| Entry/Exit Barriers    | Easy to enter/exit market (e.g., lemonade stand) | High barriers (licenses, costs, regulations) |
| Transaction Costs      | No costs in transactions                | High costs due to insurance, admin, etc.  |

Slide 3: Healthcare Market Challenges
- Limited competition
- Complexity & individualization
- Asymmetric information
- Regulatory barriers
- High transaction costs
assistant