The town of Oberlin, Ohio, has one hospital. How would you classify this market structure, and what

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The town of Oberlin, Ohio, has one hospital. How would you classify this market structure, and what effect will this market structure likely have on wages of nurses in Oberlin compared to a perfectly competitive market structure?

Demonstrate your answer graphically.

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Microeconomics

ISBN: 9781260507140

11th Edition

Authors: David Colander

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