Ask Question
19 May, 03:34

Explain, using supply and demand analysis, why the price of prescription drugs have been increasing recently.

+5
Answers (1)
  1. 19 May, 05:00
    0
    With the decrease in the supply of the drugs, and the demand remaining the same or increasing, it will result in the increase of the price of the drugs.

    Explanation:

    It has been recently experienced that the price of the drugs has been increased. The reason for this is that with the flow of drugs been reduced in the market that is the supply of drugs has been reduced, but the demand is rather increasing or is at least at the same level. This has led to the increase in the prices of the drugs in the country.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Explain, using supply and demand analysis, why the price of prescription drugs have been increasing recently. ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers