Author Question: Double markup problems arise because a. upstream firms have no market power b. downstream firms ... (Read 114 times)

Sufayan.ah · **on:** Jul 1, 2018

Double markup problems arise because
a. upstream firms have no market power
b. downstream firms have no market power
c. upstream and downstream products are unrelated in demand
d. upstream and downstream firm's pricing decisions tend to decrease the demand for the other product

Question 2

Consensus research concludes that medical technology is responsible for much of the increase in medical care spending over the past several decades.This probably means
a. That better availability means wider use.
b. That poorer availability means less use and poorer health outcomes.
c. That medical care is increasingly expensive
d. All of the above are correct.