Post a New Question

Econ help.

posted by .

The following is proposals on reducing expenditure on drug.
A: reduce prices by restrictly supply
B: raise prices (by legalizing distribution)
C: Do nothing

What does each of them think about the elasticity of demand for the drug? (elastic, inelastic, unitary elastic)

Please help and give me some explanations, thanks.

Answer This Question

First Name:
School Subject:
Answer:

Related Questions

More Related Questions

Post a New Question