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Wellness Pharmaceuticals has released a new antidepressant, Lexabuzac. Which type of monopoly does the
company most likely have on this medication?
O natural monopoly
de facto monopoly
Ogovernment monopoly
O technological monopoly
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Jim Next
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07-06-2024
Business

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Quiz Active
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TIME REMAIN
56:38
Wellness Pharmaceuticals has released a new antidepressant, Lexabuzac. Which type of monopoly does the
company most likely have on this medication?
O natural monopoly
de facto monopoly
Ogovernment monopoly
O technological monopoly
Mark this and return
Save and Exit
Jim Next
Submit

Sagot :

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GinnyAnsweridn GinnyAnsweridn · Answer 1 · 2024-06-07T21:52:50-04:00

Final answer:

Wellness Pharmaceuticals likely has a government monopoly on Lexabuzac.

Explanation:

Wellness Pharmaceuticals most likely has a government monopoly on their new antidepressant, Lexabuzac, if it was granted exclusive rights by the government to be the sole provider of the medication. This type of monopoly occurs when a government agency prohibits competition and grants exclusive rights to a private entity for a particular good or service.

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