Question

a health - care firm is looking to expand to international markets in an effort to increase profits. one potential location has only a few competing health - care providers, each holding a significant percentage of market share. licensing requirements are high, but what benefit might the firm consider in establishing a presence there? (1 point) the high prices that arise from perfect competition the horizontal demand curves the downward - sloping demand curves the high prices that arise from monopolistic competition

Explanation:

In the described market, with few competing providers each having a significant market - share, it resembles monopolistic competition. Firms in monopolistic competition can charge higher prices due to product differentiation and less competition compared to perfect competition. Horizontal demand curves are in perfect competition, and downward - sloping demand curves are a general characteristic but not the main benefit here. High prices from perfect competition is incorrect as perfect competition has low prices. So the benefit is high prices from monopolistic competition.

Answer:

D. the high prices that arise from monopolistic competition