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Basic economics 101: increased demand will drive up prices. Higher prices will induce new competitors into the market, increasing supply and lowering prices. T
by clarkmoody 7y ago
Basic economics 101: increased demand will drive up prices. Higher prices will induce new competitors into the market, increasing supply and lowering prices.
That is, of course, how an actual free market works. Healthcare is far from a free market, so instead of embracing the opportunity for growth of the Canadian economy, we get responses like the one above.
- sword_smith 7y agoBasic economics is not popular on this site. Unfortunately.
- acollins1331 7y agoYeah except drug patents