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Prescription Drugs: Describe and discuss the consequences of price controls on prescription drugs.

Prescription Drugs: Describe and discuss the consequences of price controls on prescription drugs.

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The consequences of price controls on prescription drugs include; it may have the advantage of leading to lower prices for consumers, leading to improved access to medical interventions, a seven the economically weak sections of the society can get access which in turn leads to improved patient outcomes Disadvantage is the fact that it leads to lower supply.

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