Question
V333ILOVEECON is a grade-saving medication for students in DHA Health Economics courses. A four-week supply averaged $10,000 for privately insured patients in the United States
V333ILOVEECON is a grade-saving medication for students in DHA Health Economics courses. A four-week supply averaged $10,000 for privately insured patients in the United States in 2022. In Switzerland, the price was $2,500.
Q1. Why might the prices be so different?
Q2. Should the government intervene to reduce the price? (please answer from an economic point of view - show me the money!)
Q3. How might the government intervene?
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Basic Economics
Authors: Frank V. Mastrianna
16th edition
1111826641, 978-0357706664, 978-1111826642
