The relevant product market RPM A is usually defined in terms of the cluster of
ID: 1100868 • Letter: T
Question
The relevant product market RPM
A is usually defined in terms of the cluster of hospital services provided.
B considers travel costs and the ability of consumers to access alternative medical care providers.
C is normally defined as a cluster of hospital services because this accounts for the fact that hospitals provide a host of medical services that are difficult to unbundle
.D is normally defined as being local in nature since patients prefer to be in hospitals close to relatives friends and their primary doctors.
E a and c .
F all of the above.
Explanation / Answer
C is normally defined as a cluster of hospital services because this accounts for the fact that hospitals provide a host of medical services that are difficult to unbundle