Solved by a verified expert :HH Index for hospitals in Delray Beach was found to be 0.495.HHI Index for hospitals in Pompano Beach was found to be 0.353.Which of the 2 cities have a hospital presence that has LESSER market power than the other?Pompano BeachDelray Beachboth have equal market power all of the abovenone of the aboveFlag this QuestionQuestion 320ptsBONUS 2:Given 2 demand curves: Demand curve A is flatter than Demand curve B. Both curves intersect the same point of price =$12 and Quantity = 2,000.Price decreases to $7. Which demand curve will either havehigher revenue or at least lower loss?Demand curve ADemand curve Bboth will experience an increase in revenue in the same amountboth willexperience a decrease in revenue in the same amountnot enough information to answer the question as we do not know the new quantities levelsFlag this QuestionQuestion 330ptsBONUS 3Given 2 demand curves: Demand curve A is flatter than Demand curve B. Both curves intersect the same point of price =$12 and Quantity = 2,000.Price increases to $15. Which demand curve will either havehigher revenue or lower loss?Demand curve ADemand curve Bboth will experience the same amount of revenue lossboth will experiencethe same amount of revenue gainFlag this QuestionQuestion 340ptsBONUS 4Gary goes to the gym so that he will be alert and in good shape when he goes to work given the physical demands of construction work. Gary doesn’t even enjoy working out. Gary however is not open to giving up his gym membership even if there is a business or project availabile that will require extra funds.Here Gary is looking at health care purely asconsumption goodinput to productioninvestment assetall of the abovenone of the aboveFlag this QuestionQuestion 350ptsBONUS 5:Brock had a toothache that really hurt so he had to go to the dentist and the dentist advised him that it had to be pulled out. A few days later Brock was ok with the pain gone. What can you conclude?under the concept of health as a consumption good, the dental procedure provided utility to Brockunder the concept of health as aconsumption good, the pain suffered from the toothache provided theutility to Brockunder the concept of health as aconsumption good, utility enjoyed by Brock did not occur until after he was fully recovered from the dental work without any more pain.all of the abovenone of the above