Nirvonna Case Study

Words: 310
Pages: 2

Nirvonna, in regards to healthcare, regulations and rules are constantly changing. Whereas, pharmaceuticals are concerned, I believe there is a constant increase in supply and demand. A change in demand occurs when there is a shift that includes one of the five principle factors. The five principle factors include changes in price, income, the number of buyers and taste. The situation in which you described deals mostly with the change in price. I’ve noticed a change in the cost of medicines over the past few years. While there is a price increase associated with the pharmaceuticals, there is still for a need for those with ailments that require these medications. For instance, I have a friend that requires a special kidney medicine in