Should the government control presсrіption drug prices? Present your argument in terms of supply-and-demand, elasticities, price discrimination, utility, competition, market failures - or other economic tools.Then ask the following questions: Is the outcome ″efficient″? If not, why not? What policy might improve the situation? Is government intervention necessary? At what level of government should a new policy be administered -- state, local, national?
https://www.cato.org/publications/commentary/problems-price-controls
https://www.drugcostfacts.org/drug-pricing-regulations
https://www.youtube.com/watch?v＝dsMHivLMfuU
Sample Solution