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

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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. With that price information, will you (they) 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: 9781260507140

11th Edition

Authors: David Colander

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