Which of the following observations concerning health care service providers is true?
a. Health care providers possess very little market power

b. Price discrimination and collusive behavior are likely to occur.
c. Price discrimination is uncommon in the pharmaceutical industry.
d. "Natural health care monopolies" are a rarity.

b

Economics

You might also like to view...

If Barbecue Bob has a right to own and use his backyard barbecue, then Barbecue Bob also enjoys

A) a right to pollute. B) a right to steal. C) a right to free charcoal. D) a right to clean air.

Economics

After constructing a new factory, the cost of building the factory is a

A) past cost. B) sunk cost. C) variable cost. D) None of the above answers are correct.

Economics