Homework Help: Economics

Posted by Ryan on Thursday, April 15, 2010 at 10:29pm.

Analysts believe that although the medical arms race may have led to quality competition in the 1980s _____ has led to more price competition since the 1990s.

a. selective contracting through managed care
b. prospective payment
c. economies of scale
d. Answers (a) and (b) are correct

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