The essential traits of a perfectly competitive market are (1) that the entire quality dimensions of the good or service traded in that market are precisely understood by buyer and vendor; (2) that potential patrons have full transparency on the value they should pay per unit of that good or service; (three) that it is easy and comparatively costless for potential sellers to enter and exit this market; (4) and that there are such a lot of potential buyers and sellers that none individually can have an effect on the market price of the thing being traded.
But Mr. Lara said that Mr. Trump’s election, and subsequent Republican efforts to unwind the Affordable Care Act, had upended the dialog about health care amongst Democrats. He said he would have been unlikely to press for single-payer underneath a Democratic president. Then there are the purple blankets that some huge Stanford benefactors …