5. The price of most prescription drugs is significantly lower in Canada than in the United States. For parts a.)-d.), draw a supply-demand graph to show whether the stated claim COULD explain the price difference ( consider each part independently; for each part, assume any other factor (except the given claim) is the same between Canada and the U.S.; on most of the graphs, you'll have one curve for Canada, one curve for the U.S., and one representing both: e.g., you might have separate D Curves for the two countries, but only one S Curve, representing the same supply conditions in both ). (1 point each) a.) Tougher regulation in the U.S. makes it more difficult (i.e., more expensive) to get a new drug approved. b.) Tougher regulation in Canada makes it more difficult ( i.e., more expensive) to get a new drug approved. c.) Average consumer income in Canada is lower than average consumer income in the U.S. d.) Canada has implemented a system of price ceilings on drugs.