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Economics - Profitability: By Gerhard Adam

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If we acknowledge that the market cannot solve every problem and address every circumstance, then questioning the free market status of health care is a reasonable position to take. The first thing to establish when examining a company or industry is whether its function is rightly subject to free market considerations and competition. If not, then whatever else it is, conventional supply and demand models do not apply.

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Economics -- Profitability by David Kendall on Thursday, Aug 13, 2009 at 7:21:43 PM