Question: Question content area top Part 1 Since 1 9 8 7 , hundreds of hospital mergers have taken place in the United States, and rarely
Question content area top
Part
Since hundreds of hospital mergers have taken place in the United States, and rarely has the US Federal Trade Commission challenged a hospital merger.
What can you infer about the structure of the market in hospital services?
Question content area bottom
Part
We can infer that the structure of the market in hospital services is such that
A
a merger will not result in increased market power
B
the HHI is greater than
C
there is little competition but a merger will cut hospital costs
D
a merger will increase hospital costs
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