Wellness Pharmaceuticals has released a new antidepressant, Lexabuzac. Which type of monopoly does the company most likely have on this medication?
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Technological monopoly is the monopoly that is used by the Wellness Pharmaceuticals while they released their new Lexabuza as an antidepressant.
The terms technological is used when a single company controls all the methods of manufacturing units.
It becomes essential to produce a certain product so that it obtains necessary rights on the manufacturing process that depends on the technology.
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Answered by
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technological monopoly
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edg 2020
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