Assignment:
Read the following directions and post an answer of at least two paragraphs (a minimum of 500 words). Be sure to use standard English iyour answers, with appropriate punctuation (refer to the grading rubric). I am looking for evidence that you have read the response as well as what your opinion is on the topic. After you compose your response you will upload your posting using this tool. Once the deadline for the discussion topic is closed you will no longer have access to this tool.
Assignment:
In the following article Preview the documentthe author assesses the effects that changes in the price of gasoline has on its consumption by drivers. I also would like you to read this articlePreview the document on how prices impact medicine and patient care.
After reading those articles please address the following:
1) Is there any difference between gas/medicine and the cost of other goods and services such as cars and vacations? We don't regulate the cost of most items in our economy. Should we distinguish between wants and needs?
And
2) Should government ration gasoline to ensure an adequate supply in the future or should the free market be allowed to work?
Readings:
1. Patients Struggle With High Drug Prices
By Joseph Walker
2. Economist studies how higher gas price affect consumer behavior
By Deborah Baum