Wednesday
July 1, 2015

Homework Help: Econ help.

Posted by Anonymous on Saturday, January 27, 2007 at 7:02pm.

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

Members