The following graph shows the price per pill, P, of a prescription drug that is newer to the market, where tis the time in years since the pill first came on the market. After the drug had been on the market for five years, a generic version of the drug became available to the general public. SAP What can be determined about the price of the drug based on this graph? O The price of the prescription drug was constantly decreasing after it came on the market. O The graph stabilizes as time increases, and the price per pill approaches $2 per pill. O The highest price of the prescription drug is $7 per pill. Once the generic version of the medication became available, the price of the medication was constantly decreasing

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter2: Linear Equations
Section: Chapter Questions
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The following graph shows the price per pill, P, of a prescription drug that is newer to the market, where tis the time in years since the pill first came on the market. After the drug had been on the market for five years, a generic version of the drug became
available to the general public.
8AP
4
3
2
2
3
4
5
6.
8
10
11
12
What can be determined about the price of the drug based on this graph?
The price of the prescription drug was constantly decreasing after it came on the market.
The graph stabilizes as time increases, and the price per pill approaches $2 per pill.
The highest price of the prescription drug is $7 per pill.
Once the generic version of the medication became available, the price of the medication was constantly decreasing.
Transcribed Image Text:The following graph shows the price per pill, P, of a prescription drug that is newer to the market, where tis the time in years since the pill first came on the market. After the drug had been on the market for five years, a generic version of the drug became available to the general public. 8AP 4 3 2 2 3 4 5 6. 8 10 11 12 What can be determined about the price of the drug based on this graph? The price of the prescription drug was constantly decreasing after it came on the market. The graph stabilizes as time increases, and the price per pill approaches $2 per pill. The highest price of the prescription drug is $7 per pill. Once the generic version of the medication became available, the price of the medication was constantly decreasing.
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