*Using the New York Times article, “Defiant, Generic Drug Maker Continues to Raise Prices,” conduct further research on the pricing strategies of generic drug manufacturers. In 750-1,000 words, analyze the pricing strategies and discuss the following:
1.Discuss the pricing decisions of generic drug manufacturers.
2.Evaluate the impact competitors and additional economic factors have on the results of the generic drug pricing strategies. What factors contribute to the advantages and disadvantages of various pricing strategies?
3.Discuss the social and financial implications of generic drug pricing decisions for various groups of stakeholders. What would be the socially optimum pricing strategy for the United States? What would be the socially optimum pricing strategy globally?
**You are required to use at least three academic references to support your reasoning for the team selection process.
***Prepare this assignment according to the APA guidelines.
****You will be graded on:
Defiant, Generic Drug Maker Continues to Raise Prices
Read “Defiant, Generic Drug Maker Continues to Raise Prices,” by Morgenson, from the New York Times (2017).
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