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Frugal innovation for the heart
» Practice Questions
1. Dr. Devi Shetty has worked to make heart surgery and other operations more affordable to patients in India while maintaining high quality. Which of the following is a possible economic explanation for his success?
economies of scale
economies of specialization
both a. and b.
2. Dr. Devi Shetty’s hospitals provide heart surgeries at _______________ compared to the U.S. They have __________________ fatality rates.
a lower price, lower or similar
a higher price, lower or similar
a lower price, higher
Copyright 2012 - Tyler Cowen and Alex Tabarrok