Can you provide an economic explanation

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Reference no: EM1366716

Business/economics

It was recently reported in a newspaper article entitled "Drugmakers gifts to doctors finally get scrutiny." The article stated: "Christmas trees, free tickets to a Washington Redskins game with a champagne reception thrown in, a family vacation in Hawaii, and wads of cash." Many persons might see this as bribing, but not it seems in the minds of many doctors.

What do you think it is?

Why do you think there is scrutiny at this time?

Can you provide an economic explanation of why the practices described in this article occur?

Reference no: EM1366716

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