As a patent in a the pharmaceutical industry expires, the market for these drugs
a. Can now be categorized as a competitive market
b. Can now be categorized as a monopolistic market
c. Was and is still a monopolistic market
d. Was and is still a competitive market
a
Economics
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BP has
A) only used external markets. B) used internal markets successfully to reduce emissions. C) used internal markets to deal with a network externality. D) none of these choices.
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If consumption were a direct function of disposable income, how would a decrease in personal taxes or an increase in transfer payments affect consumption?
Economics