Case Study: # 1

When it comes to life saving drugs, one would expect them to be 100% inelastic. But in reality even though they are inelastic, it’s not hundred percent. In a short essay explain the factors that contribute to inelasticity of such drugs and the factors the contribute to elasticity of them.

For this assignment, following APA style, answer as comprehensively as possible the questions after each case summary.

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