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According to the author, is a market failure possible, actually existing or non-existing? Explain?

Please read Health Care Market Concentration Trends In The United States: Evidence And Policy Responses. The article can be found under Course Wide Resources.

Assignment

You are to read the above-stated article with strict attention to Study Results, Discussion, Policy Responses, and Conclusion.

Assignment Questions

1. State positive and/or negative externalities the author states?

2. State marginal social cost and how the author describes its impact?

3. State marginal private cost and how the author describes its impact?

4. As a consumer, based on this article, what’s your marginal benefit?

5. According to the author, is a market failure possible, actually existing or non-existing? Explain?

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