__________ account(s) for the largest portion of public health expenditure in the United States.

The ability to lower the average costs of production for two or more products is possible with

a. Economies of scale b. Economies of Scope c. Diseconomies of Scale d. Diseconomies of Scope

In the payoff matrix shown:

A.  neither firm has a dominant strategy.
B.  both firms have a dominant strategy to price high.
C.  both firms have a dominant strategy to price low.
D.  one firm has a dominant strategy to price high, the other to price low.