In this activity we will primarily focus on the implications different market st
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In this activity we will primarily focus on the implications different market structures have on the behaviour of firms, and the issues these raise in relation to the supply of ‘health’.
For this activity, please think about the four key market structures that were outlined in Chapter 4 of the textbook:
• Perfect Competition
• Monopolistic Competition
Write a 600 word post to give concrete examples of specific healthcare/healthcare products for two of the different market structures. This may require some additional research. Please also comment on any implications the different market structures may have, such as for pricing, availability, access etc. Is there a role for other actors, such as regulators or the government in relation to any of these specific types of market structures?