Equilibrium price of an essential medicine is too high Explain what possible steps can be taken to bring down - Economics - Market Equilibrium

Question

Equilibrium price of an essential medicine is too high Explain what
possible steps can be taken to bring down the equilibrium price but
only through market forces Also explain the chain of effects

Vanita Rana · Accepted Answer

A similar question has already been answered by our expert Follow
the given link to view the same

https://www meritnation
com/ask-answer/question/equilibrium-price-of-a-essential-medicine-is-too-high-explai/market-equilibrium/5780871

Equilibrium price of an essential medicine is too high. Explain what possible steps can be taken to bring down the equilibrium price but only through market forces. Also explain the chain of effects.