5. Find a prescription drug that you, someone in your family, or a friend normally takes. a....

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5. Find a prescription drug that you, someone in your family, or a friend normally takes.

a. What is the price you (they) pay for it?

b. What is the lowest online U.S. price for that drug?

(Costco is a good place to look.)

c. If the online price (with shipping) is cheaper, why don’t you (they) buy it online?

d. Now that you have that price information, will you buy the drug online in the future?

e. What does this process tell you about the competitiveness of the drug market?

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Microeconomics

ISBN: 9780077501808

9th Edition

Authors: David Colander

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Question Posted: Oct 15, 2024 02:00 AM

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5. Find a prescription drug that you, someone in your family, or a friend normally takes. a....

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Microeconomics

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