The popular diet drug Redux was removed from the market in August 1997, after a Mayo Clinic report linked the drug to heart valve damage.
a. Explain the effect of this action on membership at Gold's Gym, on enrollment at diet centers such as Weight Watchers, where clients learn to lose weight by exercising and eating right, and on sales of treadmills and exercise bikes.
b. Would you expect people to switch to other diet drugs now that Redux has been banned? How would you explain the fact that sales of the most popular, and still legal, diet drug phentermine have plummeted since the Mayo clinic report was released?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q131: Q132: Q133: In August 2005, hurricane Katrina hit the Q134: The maple-syrup production industry was severely affected Q135: Dolly the sheep made headlines in 1997 Q137: Software programs have been introduced that allow Q138: Explain why the price doesn't change when Q139: Harry owns a hot dog stand near Q140: Some people worry that the fast food Q141: Over the past couple of years, prices![]()
![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents