Critics of the pharmaceutical industry often argue that price ceilings should be imposed on the drug manufacturers.If this happened, the quality of drugs would improve.

Question

Quizplus · Accepted Answer

Imposing price ceilings would likely lead to a decrease in profits for drug manufacturers, potentially discouraging investments in research and development of new drugs and ultimately reducing the quality and availability of drugs.

Critics of the Pharmaceutical Industry Often Argue That Price Ceilings