Critics point out that in the drug industry,a pill that costs five cents to make may cost the consumer $2 to buy.This is an example of which of the following?

Name: Critics point out that in the drug industry,a pill that costs five cents to make may cost the consumer $2 to buy.This is an example of which of the following?
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Quizplus · Accepted Answer

The situation described is an example of excessive markups, where the company is adding a large markup on the cost of production, leading to a much higher price for the consumer.

Critics Point Out That in the Drug Industry,a Pill That