Wellness Pharmaceuticals has released a new antidepressant, Lexabuzac. Which type of monopoly does the company most likely have on this medication?
Answers
Answered by
1
Technological Monopoly. Because no other firm has the means to produce the medicine for now. If it makes a patent on it, The technological Monopoly gets converted into Legal Monopoly.
Answered by
0
Technological Monopoly is the type of monopoly which the Wellness Pharmaceuticals company here likely to have on a new medication antidepressant, Lexacbuzac.
Technological Monopoly refers to a particular company's control over manufacturing methods to produce a particular product. It also refers to the company's sole rights over the technology used to make a certain product.
Similar questions