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Homework answers / question archive / Drug companies are allowed to be monopolists in the drugs they discover in order to a allow drug companies to charge a price that is equal to their marginal cost

Drug companies are allowed to be monopolists in the drugs they discover in order to a allow drug companies to charge a price that is equal to their marginal cost

Economics

Drug companies are allowed to be monopolists in the drugs they discover in order to a allow drug companies to charge a price that is equal to their marginal cost. b. discourage new firms from entering the drug market. c. allow the government to earn patent revenue. d. None of the above is correct.

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