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Issues in Economics Today 7th Edition by Robert Guell
Edition 7ISBN: 978-0078021817Issues in Economics Today 7th Edition by Robert Guell
Edition 7ISBN: 978-0078021817 Exercise 11
When an existing prescription drug goes over the counter
A) everyone wins.
B) drug companies win but consumers lose.
C) drug companies lose but consumers win.
D) drug companies likely win because of the increase in sales, and consumers may win depending on whether prescriptions are covered by insurance.
A) everyone wins.
B) drug companies win but consumers lose.
C) drug companies lose but consumers win.
D) drug companies likely win because of the increase in sales, and consumers may win depending on whether prescriptions are covered by insurance.
Explanation
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The price of the drug increases more tha...
Issues in Economics Today 7th Edition by Robert Guell
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