The bargaining power of customers of medicinal drugs is enhanced when pharmaceutical companies patent their products.

Name: The bargaining power of customers of medicinal drugs is enhanced when pharmaceutical companies patent their products.
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Question

Quizplus · Accepted Answer

The bargaining power of customers is not enhanced when pharmaceutical companies patent their products. In fact, it is the opposite - the patent protection gives the pharmaceutical companies a monopoly and reduces customers' bargaining power.

The Bargaining Power of Customers of Medicinal Drugs Is Enhanced