Drug companies are allowed to be monopolists in the drugs they discover in order to
A) allow drug companies to charge a price that is equal to their marginal cost.
B) discourage new firms from entering the drug market.
C) encourage research.
D) allow the government to earn patent revenue.
Correct Answer:
Verified
Q148: Figure 15-1 Q551: Figure 15-1 Q552: Drug companies are allowed to be monopolists Q553: Patent and copyright laws encourage Q554: Figure 15-1 Q555: The laws governing patents and copyrights Q557: Patent and copyright laws Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)creative activity.
B)research and
A)promote monopolies.
B)are
A)encourage creative activity.
B)promote competition
