answer the following questions
1. do you think that the large reaped by firms in the U.S pharmaceutical industry provide the industry with sufficient incentives to innovate.
2. what type of action should the government take to soften the impact of monopolies
3. when a pharmaceutical company comes up with a vaccine for the coronavirus should there be a price ceiling imposed on the cost?
read the following articles.
Befits of monopoly power by tejvan pettinger
what’s so bad about monopoly power by mark Thoma
big pharmas go to defense of soaring drug prices doesnt add up by Ezekiel Emanuel
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