Indicate whether each statement is true or false, and justify your answer. Price controls decrease the innovation

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Indicate whether each statement is true or false, and justify your answer.

Price controls decrease the innovation rate for drugs but make existing drugs more affordable.

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Health Economics

ISBN: 9781137029966

1st Edition

Authors: Jay Bhattacharya, Timothy Hyde, Peter Tu

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Question Posted: Dec 17, 2023 03:54 AM

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Indicate whether each statement is true or false, and justify your answer. Price controls decrease the innovation

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This statement is partially true Price controls can indeed make existing drugs more affordable by se...View the full answer

Health Economics

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