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Drug Companies Can Usually Obtain Patents on New Drugs

Question 126

Multiple Choice

Drug companies can usually obtain patents on new drugs. Which goods do patents turn new ideas into?


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

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