1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sophie [7]
3 years ago
8

The government protects intellectual property rights by enforcing patents on new pharmaceutical drugs. Suppose the​ government,

by enforcing patent​ laws, prevents a new drug by Merck from being copied by another company and made available at a dramatically reduced price. If you were a current consumer of this new pharmaceutical​ drug, you would initially be:________.
Biology
1 answer:
AveGali [126]3 years ago
5 0
<h2>The correct answer is: Suffering loss.</h2>

Explanation:

  • Intellectual Property Rights are certain legal laws framed by the government of a country to ensure that the formulation, procedure of synthesis and monopoly of production of certain novel commodities remain with the inventor or discoverer of the commodities in form of patents.
  • According to the question, the legalization of the production of a particular pharmaceutical drug solely by the company Merck through patents prevents other companies from producing the same drug by copying the formulation of the drug from Merck.
  • Hence, the Merck company gets the monopolistic control on the production of the particular pharmaceutical drug and it can determine the price of the drugs as per not only its research and development costs but also as per its profit margin.
  • This is because Merck lacks any competitor in the pharmaceutical market as far as the particular pharmaceutical drug is concerned, who could produce and sell the drug at reduced prices.
  • Hence, the price of the pharmaceutical drug would be high causing the consumers to pay more and suffer losses for consuming the drug.
You might be interested in
30 points
Lunna [17]

Answer:

yay

Explanation:

its A

6 0
2 years ago
Which of the following statements about fungi is not true? a. All fungi are useful for plant growth b. Athletes foot is caused b
Vera_Pavlovna [14]

Answer:

c

Explanation:

a is true , b athletes foot is caused by a type of fungi d fungi true since they are like magots.

5 0
3 years ago
PLEASE HELP! ILL GIVE YOU A MEDAL AND FAN YOU!
Helga [31]
A cladogram is a type of graph that shows how closely related different types of organisms are in an evolutionary context. It resembles a tree, with various organisms being placed at the end of each branch. If two organisms have a close common branch, they are more closely related than those who have more distant branches. Since DNA, or corresponding protein sequences are more similar in closely related species, and more different in more distant species, a biologist can use those sequences to numerically determine how closely related three species are.
3 0
3 years ago
I’m your household there is you , a cat and a dog how many populations are there
siniylev [52]
Answer: Three

Reason/Explanation:
The cat, you and the dog are all different populations. Together, there are three populations.

-DustinBR
4 0
3 years ago
Uranus is which planet from the sun?
Darya [45]

Uranus is the 7th planet from the sun :))

7 0
3 years ago
Read 2 more answers
Other questions:
  • Using the five-digit system, determine the obstetric history in this situation: the client is 38 weeks into her fourth pregnancy
    6·2 answers
  • Imagine you were the manager of a national park with cheetahs. The cheetahs feed primarily on gazelles while the gazelles eat gr
    9·1 answer
  • How chloroplast anatomy relates to photosynthesis?
    12·1 answer
  • Write the solution in the form and . (use the parametrization derived from the row-reduced echelon form after reindexing the and
    13·1 answer
  • What condition occurs when hemoglobin is deprived of oxygen?
    12·1 answer
  • Write a claim about whether you will consume or not cinsume lactose
    9·1 answer
  • Which statement describes how geologists use data from seismographs to learn about earthquakes?
    14·2 answers
  • The fruit of the mistletoe, a parasitic angiosperm, is a one-seeded berry. In members of the genus Viscum, the outside of the se
    6·1 answer
  • Other, than photosynthesis which process is Autotrophic.?Give examples too.​
    13·1 answer
  • I have some questions don't get and this is due in less than 7 and a half hours :D
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!