How do healthcare markets deviate from perfect competition? Why are there barriers to entry to the healthcare market for a new physician and other medical practitioners? Describe the pos
250 words
- How do healthcare markets deviate from perfect competition?
- Why are there barriers to entry to the healthcare market for a new physician and other medical practitioners?
- Describe the positive and negative externalities unique to the healthcare market.
- What is a monopsony and how does it affect healthcare providers?
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