If it is NOT possible for a pharmaceutical drug maker to sell its generic cholesterol reducing drug along with some name brand cholesterol reducing drugs, we have an example of monopoly due to
A) ownership of key resources.
B) governmental entry restrictions.
C) economies of scale.
D) pure competition.

Question

Quizplus · Accepted Answer

Governmental entry restrictions prevent generic drug makers from selling their products alongside name-brand drugs in order to protect the patents and profits of the name-brand drug makers. This creates a monopoly for the name-brand drug makers and limits competition, leading to higher prices for consumers.

If It Is NOT Possible for a Pharmaceutical Drug Maker