7. Suppose that the annual number of admissions can be used as a measure of output for a group of hospitals operating in the same RGM (Long Island, NY). Categorize the type of market based on the degree of structural competition as measured by the four-firm concentration ration and the HHI. Number of Admissions (in Hospital thousands) North Shore University Hospital (NSUH) in 4,000 Manhasset NYU Winthrop Hospital in Mineola 3,000 Good Samaritan Hospital Medical Center in West Islip 1,500 Stony Brook University Hospital 2,000 St. Francis Hospital in Roslyn 750

7. Suppose that the annual number of admissions can be used as a measure of output for a group of hospitals operating in the same RGM (Long Island, NY). Categorize the type of market based on the degree of structural competition as measured by the four-firm concentration ration and the HHI. Number of Admissions (in Hospital thousands) North Shore University Hospital (NSUH) in 4,000 Manhasset NYU Winthrop Hospital in Mineola 3,000 Good Samaritan Hospital Medical Center in West Islip 1,500 Stony Brook University Hospital 2,000 St. Francis Hospital in Roslyn 750

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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