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Hen 368 lecture 10 markets
- 8. 50 SR
100 SR
Verizon
1,000
100 SR
AT&T
1,000
50 SR
Verizon
500
Verizon
2,000
Verizon
700
AT&T
2,000
AT&T
500
AT&T
700
1. Reduce Price
2. Sell more
3. Increase profit
- 12. Can the Market do a better job
of weeding-out incompetent
physicians than the
Government?
Incentives
Bureaucrats vs. Entrepreneurs
Who decides?