Wednesday, May 28, 2014

econ review question 26

watch the video first before you read my questions below:

http://youtu.be/kbJcQYVtZMo























does it matter that this was a corporate sponsored event? that it was not "spontaneous" at all?

does it matter that this corporation is for profit? would it have mattered if it was non-profit?

why do non-profit organizations exist?

why are hospitals transitioning to for-profit status? should you care as a patient? what are the differences in incentives faced by for-profit and not-for-profit hospitals? how would you expect them to behave differently as a result?

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