RSM100Y1 Lecture Notes - Lecture 11: Carpool, Predatory Pricing
Document Summary
Too expensive, the cost would go up b/c there is a profit component. If private, insurance companies would like to deny your files/requests as often as possible. )f privatized, companies would like to offer the more expensive services that may not be necessary or good for patients (cid:523)c session rather than a natural birth(cid:524). A public system will be better regulated and monitored. Predatory pricing: setting the price down by a low, temporarily, to drive that other companies out of business. Government tends to air on the side of consumers more than producers. Auto companies borrow lots of money, if they go bankrupt, they will default. The economy will goes into a longer and worse recession. Many companies have their own problems already even before the recession, running inefficiently. Anti-bailing people say the government bails out the efficiency of the auto families. )f one company fails, the others may be bigger and the jobs will be transferred.
