Suppose that a new drug has been approved to treat a life-threatening disease. The demand for that drug is shown on the graph below. Prior to approval of this drug, the only treatment for this condition was any one of several non-prescription, or over-the-counter, pain relievers. The demand for one brand of the several non-prescription pain relievers is also shown on the graph. Demand for the new drug is ______ while demand for one brand of the over-the-counter pain relievers is ______.
A)the line labeled A; the line labeled B
B)the line labeled B; the line labeled A
C)the horizontal line at $60; the line labeled B
D)the vertical line at 100; the line labeled A

Question

Suppose that a new drug has been approved to treat a life-threatening disease. The demand for that drug is shown on the graph below. Prior to approval of this drug, the only treatment for this condition was any one of several non-prescription, or over-the-counter, pain relievers. The demand for one brand of the several non-prescription pain relievers is also shown on the graph.  Demand for the new drug is ______ while demand for one brand of the over-the-counter pain relievers is ______.
A)the line labeled A; the line labeled B 
B)the line labeled B; the line labeled A 
C)the horizontal line at $60; the line labeled B 
D)the vertical line at 100; the line labeled A

Quizplus · Accepted Answer

The Answer of Suppose that a new drug has been approved to treat a life-threatening disease. The demand for that drug is shown on the graph below. Prior to approval of this drug, the only treatment for this condition was any one of several non-prescription, or over-the-counter, pain relievers. The demand for one brand of the several non-prescription pain relievers is also shown on the graph.  Demand for the new drug is ______ while demand for one brand of the over-the-counter pain relievers is ______.
A)the line labeled A; the line labeled B 
B)the line labeled B; the line labeled A 
C)the horizontal line at $60; the line labeled B 
D)the vertical line at 100; the line labeled A

Suppose That a New Drug Has Been Approved to Treat