What impact will the program have on the demand for drugs, Microeconomics

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What impact will the program have on the demand for drugs

Problem

Congress recently passed a new program that will subsidize the purchase of prescription drugs by the elderly. What impact will this program have on the demand for and price of prescription drugs? How will people who are not elderly be affected by this program? Explain.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What impact will the program have on the demand for drugs

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