Price of Drug

Price of Drug 
you are the chief executive officer of a large drug company You are deciding what price to charge for a new drug that promises to be effective against lung cancer. Assume that insurers would be willing to pay a large price for the drug and that some uninsured members of society could afford to purchase the drug. Some uninsured people, however, would simply be unable to purchase it] -Discuss a criteria to determine the price for the drug. -Discuss whether it should be offered at a lower price to some members of society.[LEG 500]
 

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