Answer to Question #126996 in Microeconomics for Oumou Diallo

Question

Drug prices in the U.S. is significantly higher than in other countries. See

https://www.drugwatch.com/featured/us-drug-prices-higher-vs-world/

and an older article

http://www.wsj.com/articles/why-the-u-s-pays-more-than-other-countries-for-drugs-1448939481

for comparison between the U.S. and other countries.

What do you think are the key factors that lead to this outcome? Focus on one or two factors.

Answer 1

Dear Oumou Diallo, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order