In the early part of the 20th century (1900-1920), the market for medical services is best described as: Group of answer

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In the early part of the 20th century (1900-1920), the market for medical services is best described as: Group of answer

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In the early part of the 20th century (1900-1920), the marketfor medical services is best described as:
Group of answer choices
A. a monopoly controlled by physicians through the AmericanMedical Association.
B. a poorly developed market characterized by underutilizationdue to the lack of health insurance.
C. a commodity market characterized by undifferentiated productsand price competition.
D. a monopoly controlled by hospitals through the AmericanHospital Association.
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