Question: Can you help me with 2 and 3? Explain how the price and quantity bundle is chosen by a discretionary prot maximizing not-for- profit hospital

Can you help me with 2 and 3?

Explain how the price and quantity bundle is chosen by a discretionary prot maximizing not-for- profit hospital [also known as utility maximizing not-for-prot hospital, or managerial expense preference model}. Use clearly labeled diagram in your explanation. [5 points] Explain under what condition a hospital may ado cost shifting. Use clearly labeled diagramis} in your explanation. [5 points]

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