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Why would a unique product not be possible in a purely competitive market?
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“obamacare”: included a provision for government-run health insurance called “the public option.” was bitterly opposed by congressional republicans because most favored a “single-payer” plan. survived two challenges to its constitutionality. was partially repealed in 2013 in order to avert a government shutdown. led to the expansion of medicaid in republican controlled states.
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Why would a unique product not be possible in a purely competitive market?...
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