Nbspa medicine that almost always cures hepatitis c has, Ask an Expert

Economics

A medicine that almost always cures Hepatitis C has been developed. The price of the medication (for enough to result in a cure) is $95,000 (really). Explain how, at this price, the market fails to achieve allocative efficiency. Why is this price charged?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91870302

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