Research by Acemoglu and Linn, which examined pharmaceutical drug development, found that:
A) respondents would rather have a disease that afflicts a small number of people than a common one.
B) the larger the potential market, the likelier drug companies are to develop a drug for that market.
C) profits are not an important consideration for which drugs are developed.
D) pharmaceutical companies earn normal rates of return in the long run, despite considerable market power in the short run.
Correct Answer:
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