Mergers increase market power by changing market structure

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Reference no: EM13984684

Discuss and provide healthcare examples of the following types of market failures:

a. External benefits b. External costs c. Public goods

The supply of an antibiotic is Q= 30 X P – 200. The demand for it is Q = 8,800 – 20 X P. What is the market equilibrium price and quantity?

Discuss what is meant by this statement: “Mergers increase market power by changing market structure”. What is an example of this?

Reference no: EM13984684

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