Newspaper Headlines
1. Complementary: Oprah's seen eating Doritos, Sales Rise!
2. Substitute: Outbreak of E coli in dairy products, people choose Soy milk instead!
3. Elastic Demand: Soda Prices Double! Consumers have cut down on buying!
4. Inelastic Demand: Medicine prices rise, angry patients buy belligerently! (News Article below, PG.1)
Medicine Prices Rise!
Medicine
has rose 35% in the last two weeks! Angry protesters are still buying the
medicine because its a inelastic demand, but at the same time they aren't happy about
it. Sarah Lanka a angry
patient to Kaiser Family Hospital stated, "I hate that medicine prices are rising
so high! My son needs antibiotics for the fever he is having yet its taking so
much of my paycheck! I worry that I may not be able to pay rent this
month." We interviewed the lead doctor on the floor, Dr. Canahan he said
with all sorrow, “I feel so bad that prices have rose, but there is nothing we
can do about it. I can’t say with the strength that the prices on medicine will
not rise more!” There has been a increase in virus’s across the nation because
people can’t afford antibiotic medicine to treat the virus they have. Its
become a major issue in todays society. Especially if the prices keep
increasing! The president only words on the topic, “I know the difficulty we
are facing with the rising costs of medicine, insurance is paying for as much
as they can and clinics have opened with lower costs of medicine to try to get
everyone virus free. We are doing the best we can.”
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