imagine an illness with two cures-drug x and drug y.Drug x and drug y arebbith made by the same firm .Two events recently happened .First ,a study was released showing that drug x is less effective than drug y .Second,the ingredients used to produce drug x increased in price .What are the consequences of these events?

07/20/18 Mrketot Work: Home. Imagine an iliness with two cures-drug X and drug Y. Drug X and drug Y are both made by the same firm. Two events recently happened. First, a study was released showing that drug X is less effective than drug Y. Second, the ingredients used to produce drug X increased in price. What are the consequences of these events? Choose one: demand for drug X shifts to the right, and the supply curve for drug X shifts to the left. The result is an -B. The demand for drug X shifts to the left, and the supply curve for drug X shifts to the left. The result is a rise in the o C. The demand for drug X shifts to the right, and the supply of drug X shifts to the left. The result is a rise in the ?D, The demand for drug X shifts to the left, and the supply curve for drug X shifts to the left. The result is an unknown unknown change in the equilibrium price for drug X and a fall in the equilibrium quantity of drug X. equilibrium price for drug X and a fall in the equilibrium quantity of drug x. equilibrium price for drug X and a fall in the equilibrium quantity of drug X. change in the equilibrium price for drug X and a fall in the equilibrium quantity of drug X. ONS COMPLETED 08-34 > SUBMIT A