Consolidation activity in the hospital industry

a. has slowed due to government regulations.
b. has created a large number of nationwide for-profit hospital chains.
c. has occurred almost exclusively at the local level.
d. occurs for same reasons that cause consolidation in other industries.

D

Economics

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Which of the following curves is not U-shaped?

A) average variable cost curve B) average fixed cost curve C) average total cost curve D) marginal cost curve

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