the high prices that arise from monopolistic competition
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 _____.(1 point)
Responses
the high prices that arise from monoplistic competition
the high prices that arise from monoplistic competition
the downward-sloping demand curves
the downward-sloping demand curves
the horizontal demand curves
the horizontal demand curves
the high prices that arise from perfect competition
the high prices that arise from perfect competition
1 answer