roddygirl1904 roddygirl1904
  • 13-11-2019
  • Biology
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Drug companies are allowed to be monopolists in the drugs they discover in order to

Respuesta :

funkeyusuff52
funkeyusuff52 funkeyusuff52
  • 14-11-2019

Answer:

allow drug companies to charge a price that is equal to their marginal cost

Explanation:

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

When a monopolist is able to sell its product at different prices to different customers, it is likely engaging in price discrimination. The practice of selling a product to different customers at different prices when marginal cost is the same is known as price discrimination.

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