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Other Fields Homework Help Economics Topic started by: Sublight2097 on Jun 20, 2015



Title: Many middle-to-older-aged men now claim they "need" Viagra (the male impotency wonder drug) for an e
Post by: Sublight2097 on Jun 20, 2015
Many middle-to-older-aged men now claim they "need" Viagra (the male impotency wonder drug) for an enjoyable sex life. The economic way of thinking predicts
A) more men would be likely to claim they need Viagra if the price per pill were much lower (say two cents each) compared to the current price.
B) fewer men would be likely to claim they need Viagra if the price per pill were much higher (say, two hundred dollars each) compared to the current price.
C) other things constant, more prescriptions would be written if the price of Viagra falls significantly.
D) other things constant, fewer prescriptions would be written if the price of Viagra rises significantly.
E) all of the above are true.


Title: Re: Many middle-to-older-aged men now claim they "need" Viagra (the male impotency wonder drug) for
Post by: Chimelo46 on Aug 18, 2015
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Title: Re: Many middle-to-older-aged men now claim they "need" Viagra (the male impotency wonder drug) for an e
Post by: Sublight2097 on Aug 31, 2015
My mind was going in all different directions trying to figure this one out. Thanks so much.


Title: Re: Many middle-to-older-aged men now claim they "need" Viagra (the male impotency wonder drug) for an e
Post by: Chimelo46 on Aug 31, 2015
It was nothing, thanks for updating us.