The main reason why monopoly governs prescription drugs is
A) a conspiracy to get as much profit as possible.
B) to motivate innovation.
C) to keep prices high so only the people that need them will buy them.
D) to keep prices high so only the people that need them will buy them and to motivate innovation.
Correct Answer:
Verified
Q3: The "price" of effectively treating AIDS
A)has gone
Q4: The demand curve for AIDS drugs is
Q5: The reason why a cure to a
Q6: The reason why a cure to a
Q7: A patent
A)is better for a writer of
Q9: In 2014 prescription drugs account for approximately
Q10: Relative to a cure for AIDS, the
Q11: Once a drug has been invented, marginal
Q12: Monopoly power exists in drug inventions because
Q13: Economists estimate that the rate of return
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