Solved

All of These Are Reasons a Pharmaceutical Company May Have

Question 272

Multiple Choice

All of these are reasons a pharmaceutical company may have a monopoly on a life-saving drug EXCEPT


A) a patent providing legal protection against imitators.
B) economies of scale (large fixed costs) preventing two companies from being profitable.
C) control over a significant factor of production (such as a brilliant research scientist) .
D) a very low marginal cost of producing each additional pill.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents