Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Sublight2097 Sublight2097
wrote...
Go to Answer
Posts: 4132
Rep: 15 0
8 years ago
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.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 353 times
3 Replies
Replies
Answer verified by a subject expert
Chimelo46Chimelo46
wrote...
#1
Top Poster
Posts: 5641
Rep: 449 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Sublight2097 Author
wrote...
#2
8 years ago
My mind was going in all different directions trying to figure this one out. Thanks so much.
wrote...
#3
8 years ago
It was nothing, thanks for updating us.
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  801 People Browsing
 114 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 196
  
 370
  
 2590
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4
Previous poll results: Who's your favorite biologist?