answersLogoWhite

0

Are pharmaceutical products elastic

Updated: 12/17/2022
User Avatar

Wiki User

11y ago

Best Answer

They are likely to be inelastic meaning the demand for the products will not change in relation to price. This is because if consumers require medication then it is unlikely they will refuse to buy it based on a slight price increase

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Are pharmaceutical products elastic
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are unitary elastic products?

unitary elastic products are those with a supply and demand slope=1.


Function of production department in a pharmaceutical industry?

The production department in the pharmaceutical industry is responsible for manufacturing pharmaceutical products. These products include pills and other medical agents.


What are organic pharmaceutical products?

Pharmaceutical products are products that may begin with the observation that a plant has medicinal properties, but in order to make a drug, the active element of the plant has to be removed from the plant and changed in some way. So, pharmaceutical products are not organic.


How are unused pharmaceutical products and pharmaceutical wastes disposed - 56?

They're usually incinerated.


Why are certain food and certain pharmaceutical products refrigerate?

in order to extend the use of pharmaceutical product or food.


What products are made by Actavis?

Actavis is a company that manufactures therapeutic pharmaceutical products. There are products such as antibiotics, anti-inflammatories, and dermatological products.


Quotation about people prefer for what kind of business?

pharmaceutical products


What types of water are used in pharmaceutical products?

cheedos breack


Many of the pharmaceutical products being products being produced by DNA technology are?

Lipids


Were anphetamine salt come from?

This is a product of the chemical industry - pharmaceutical products.


What products of pharmaceutical importance are obtained from corn?

glucose, starch and polyols


Sources of impurities in pharmaceutical products?

Raw material employed for manufacturing