Lesson Plan

Price Controls: Prescribed Drugs in North America

Curated and Reviewed by Lesson Planet

Students examine the nature of price controls, the impact of maximum prices below the equilibrium level on a market, the effect it can have on other markets, the requirements for effective price discrimination in a market, and the price elasticity.

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Resource Details
Grade
9th - 12th
Subjects
Social Studies & History
2 more...
Resource Type
Lesson Plans
Duration
1 hr
Instructional Strategy
Research
Technology
WebQuest
Presentation