Question
A health care firm is looking to expand to international markets in an effort to increase profits. One potential location has only a few competing health care providers,each holding a significant percentage of market share. Licensing requirements are high, but the firm may consider establishing a presence in the new location to enjoy ___.
the high prices that arise from perfect competition
The high prices that arise from monopolistic competition
The horizontal demand curves
The downward sloping demand curves
the high prices that arise from perfect competition
The high prices that arise from monopolistic competition
The horizontal demand curves
The downward sloping demand curves
Answers
Answer
it’s the downward sloping demand curves
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.