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Drug Companies Can Usually Obtain Patents on New Drugs

Question 199

Multiple Choice

Drug companies can usually obtain patents on new drugs.This turns new ideas into


A) private goods, and increase the incentive to engage in research.
B) private goods, but decrease the incentive to engage in research.
C) public goods, and increase the incentive to engage in research.
D) public goods, and decrease the incentive to engage in research.

Correct Answer:

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