5. Prescription drug prices in the United States are often three to four times higher than in...

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5. Prescription drug prices in the United States are often three to four times higher than in Canada, the United Kingdom, and India.

Today, pharmacies in these countries fi ll 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 pricediscriminate useless? Explain your answer.

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Principles Of Microeconomics

ISBN: 9780393935769

1st Edition

Authors: Dirk Mateer, Lee Coppock

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