- Why are price controls a bad idea for the government to place on pharmaceutical companies? (explain what a price control is and how the government would use it on pharmaceutical company drugs)
- Using Pharmaceutical Revenues please explain the push supply or pull demand strategies used to increase sales.
- How can a pharmaceutical company become a monopoly for a product or a drug? What are the benefits for the company and the economy as a whole? What are some of the drawbacks?
- Using retail pharmacies as an example of oligopolies, explain the benefits and possible downfalls of this type of market structure
- Why is it so important the government allow patents for new drugs? What about the ability to recoup R&D with high drug prices?
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