4 ms·
But the entry cost is prohibitive and create an oligopoly. So, no, they wont charge 10$ less. They can handle a limited number of patients and have an increasin
by Elv13 14y ago
But the entry cost is prohibitive and create an oligopoly. So, no, they wont charge 10$ less. They can handle a limited number of patients and have an increasing potential market with median age increasing. It is basic offer, supply and demand. If it was only offer and demand, then yea, they could charge less, but they have an hard limit on the number of bed they can fit versus building+workers cost.