Homework answers / question archive / 1) What does it mean to have market power? Are firms with market power extremely profitable? 2) Can you identify a healthcare firm with market power? What characteristics led you to choose the firm that you did? 3) Why would a merger reduce costs? Why would a merger increase markups? Why do many mergers fail nonetheless?

1) What does it mean to have market power? Are firms with market power extremely profitable? 2) Can you identify a healthcare firm with market power? What characteristics led you to choose the firm that you did? 3) Why would a merger reduce costs? Why would a merger increase markups? Why do many mergers fail nonetheless?

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1) What does it mean to have market power? Are firms with market power extremely profitable?

2) Can you identify a healthcare firm with market power? What characteristics led you to choose the firm that you did?

3) Why would a merger reduce costs? Why would a merger increase markups? Why do many mergers fail nonetheless?