Posts tagged Cost curve

Obamacare Insurance Exchanges Are Going to Fail

There is a lot of talk about using Obamacare exchanges to change the cost curves of health care.  The New York Times published a Drudge linked article on how they are pinning their hopes to insurance exchanges to defray costs. …






Microeconomics Monday-Long Run Industry Supply

Long run industry supply is different than short run industry supply because of the differences in trade offs.  In the long run, firms can do just about anything.  In the long run, they might even be able to innovate substitutes …