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Also, shouldn't higher levels = more demand = lower prices?
by notRobot 6y ago
Also, shouldn't higher levels = more demand = lower prices?
- lotsofpulp 6y agoIncreasing supply relative to demand results in lower prices.
- HarryHirsch 6y agoMedication for chronic disease is a highly inelastic market. The other such market is oil. Prices react to spikes and sudden drops in demand, otherwise they are stable. No one is going to bring a new plant onstream unless there are certain takers for the output.