5. Prescription drug prices in the United States are often substantially higher than in Canada, the United

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5. Prescription drug prices in the United States are often substantially higher than in Canada, the United Kingdom, and India. Today, pharmacies in these countries fill millions of low-

cost prescriptions through the mail to U.S. citizens. Given that the pharmaceutical industry cannot prevent the resale of these drugs, are the industry’s efforts to price-

discriminate useless? Explain your answer.

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Principles Of Economics

ISBN: 9780393623819

2nd Edition

Authors: Lee Coppock, Dirk Mateer

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