The problem of superbugs,which are bacteria that resist all available forms of antibiotics,is becoming a serious challenge for doctors.Developing new antibiotics is very costly.Can a monopoly be good for the society in this regard?

Question

Quizplus · Accepted Answer

Monopolies can sometimes drive innovation due to the potential for high profits, which can justify the significant investment required for research and development of new antibiotics. This is particularly relevant in the context of combating superbugs, where the development of new antibiotics is crucial but costly.

The Problem of Superbugs,which Are Bacteria That Resist All Available