Assume the government imposes a price ceiling of 1350 on


(b) Assume the government imposes a price ceiling of $13.50 on the drug in question (Daraprim). What are the unintended consequences of this policy? (c) Now assume the government decides NOT to impose a price ceiling. What other policies could they use to keep prescription medicines like Daraprim affordable? Provide at least 2.

 

 

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Microeconomics: Assume the government imposes a price ceiling of 1350 on
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