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What effect did collusion have on the price? Why do you suppose US policy criminalizes collusion (in some other countries it is a civil offense

  1. What effect did collusion have on the price? Why do you suppose US policy criminalizes collusion (in some other countries it is a civil offense and in some, no offense at all)?
  2. Which of the four market models (pure competition, monopolistic competition, oligopoly, and pure monopoly) match characteristics of health care markets?
  3. In which market would you prefer to be a seller? Which a buyer? Why?

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