Question: Price controls do away with incentives for research and development of life-saving drugs. P rovide your opinion on how drug shortages and price controls affect

Price controls do away with incentives for research and development of life-saving drugs.

Provide your opinionon how drug shortages and price controls affect the economy. Use historical examples to support your opinion. Consider these questions when writing your opinion.

you support government price controls? Why or why not? you think government price controls affect a drug company's balance sheet, contribution margin, profitability and liquidity? What are the economic effects of government determined pricing rather than a market determined price? Is there an effect on supply, demand or manufacturing capacity of affected drugs (manufactured goods)? What "unforeseen" consequences do you anticipate? Historically have price controls achieved their desired outcomes? What would you suggest to help the current situation?

https://www.wsj.com/articles/medicare-drug-price-controls-will-make-america-sicker-research-innovation-negotiations-private-insurers-b503b4ba

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