Complete Question:
Drug companies are allowed to be monopolists in the drugs they discover in order to
a. increase the availability of expensive but useful medications.
b. increase the overall welfare of society through better health because drug companies continually produce better medications.
c. encourage research.
d. All of the above are correct.
Answer:
d. All of the above are correct.
Explanation:
Drug companies are allowed to be monopolists in the drugs they discover in order to increase the availability of expensive but useful medications.
Also, so as to increase the overall welfare of society through better health because drug companies continually produce better medications.
Lastly, it encourages research in the drug manufacturing industry.
