Explain, using supply and demand analysis, why the price of prescription drugs have been increasing recently.

With the decrease in the supply of the drugs, and the demand remaining the same or increasing, it will result in the increase of the price of the drugs.

Explanation:

It has been recently experienced that the price of the drugs has been increased. The reason for this is that with the flow of drugs been reduced in the market that is the supply of drugs has been reduced, but the demand is rather increasing or is at least at the same level. This has led to the increase in the prices of the drugs in the country.

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