Question
Read the weblinksgiven below: https://www.forbes.com/sites/victoriaforster/2019/10/15/the-us-is-running-out-of-a-critical-childhood-cancer-drug-and-there-is-no-suitable-replacement/#3cd435293c97 https://www.kare11.com/article/news/health/doctors-seeing-shortage-in-critical-drug-used-in-cancer-therapies/89-42860ec0-06ec-45c2-8d42-ce955c0c9e3f They are also available under the StartHere page in the course on blackboard. What is the drug used to
- Read the weblinksgiven below:
https://www.forbes.com/sites/victoriaforster/2019/10/15/the-us-is-running-out-of-a-critical-childhood-cancer-drug-and-there-is-no-suitable-replacement/#3cd435293c97
https://www.kare11.com/article/news/health/doctors-seeing-shortage-in-critical-drug-used-in-cancer-therapies/89-42860ec0-06ec-45c2-8d42-ce955c0c9e3f
They are also available under the StartHere page in the course on blackboard.
What is the drug used to treat? Speculate how the demand curve looks like for this drug and explain why you think it looks like that?
Explain why the shortage of the drug has occured.
Give 1 possible solution to overcome this problem.
- Given the recent COVID19 crisis, we are witnessing a shortage of medical essentials such as gloves, masks, etc. Discuss how this current shortage situation is different from the one posted above. Again, provide 1 possible solution to overcome this problem.
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