A hospital wants to open up a sports medicine clinic that's within the 30 miles radius...
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A hospital wants to open up a sports medicine clinic that's within the 30 miles radius of 3 other hospital offering the same service. The CEO approves the proposal, but with a price hike. What will the hospital get out of this? A. They will lose profit due to the price, but in the end their market will improve B. They will gain profit because the price is high C. They will lose profit due to price and competitor will gain more market D. The will gain profit and their market values will pick up. Answer: A hospital wants to open up a sports medicine clinic that's within the 30 miles radius of 3 other hospital offering the same service. The CEO approves the proposal, but with a price hike. What will the hospital get out of this? A. They will lose profit due to the price, but in the end their market will improve B. They will gain profit because the price is high C. They will lose profit due to price and competitor will gain more market D. The will gain profit and their market values will pick up. Answer:
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