Healthcare and general 2: How HMO's are like food courts

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Uploaded by on Nov 2, 2009

This explains the concept of monopolistic competition, how it isn't the free market, and why HMO's fail us.

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Education

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  • I however understand what you are saying it makes sense there really is limited competition in the states because of HMO s and the government forcing us to use whats available in the state. Good video by the way.

  • Well with the food court analogy they are selling different products and selling to different food demands, after all how can one compare orange chicken to McDonald's fries for pricing as well those stores are there to sell for a larger company so they're prices will be pretty much universal where ever you shop.

  • nice clip

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