1. Read the two posted readings, by Loftus and Pauly
1. Read the two posted readings, by Loftus and Pauly (“New Push Ties Cost of Drugs to How Well They Work” and “Pay for Performance is No miracle Cure”.) Does the “specific pricing” or “pay for performance” model fit the classic definition of price discrimination? Why or why not? Please check each of the relevant criteria.
2. Do you believe switching from a model in which everyone pays the same price for drugs to a model where different users pay different prices will impact the efficiency and surplus distribution in this market? Why or why not? Use simple supply/demand diagrams to complement your answer.
Have troubles with paper writing? You’ve found the right paper writing company! We are the leading essay writing services that provides quality papers for a reasonable price. On our website, you can order various assignments. Our work is 100% original. We write your essay from scratch, according to the exact specifications of your assignment. We guarantee it will pass any plagiarism check
Get Your Papers Completed by Expert Writers
Order essays, term papers, research papers, reaction paper, research proposal, capstone project, discussion, projects, case study, speech/presentation, article, article critique, coursework, book report/review, movie review, annotated bibliography, or another assignment without having to worry about its originality – we offer 100% original content written completely from scratch