Suppose that we, as consumers, have the option of having an AIDS vaccine produced by a monopoly or of not having the vaccine produced at all. Under which option would we better off? Why?© BrainMass Inc. brainmass.com June 20, 2018, 5:13 am ad1c9bdddf
Producing a vaccine under a monopoly is definitely a better option. If the vaccine is being produced by a vaccine, it will probably be priced too high. However, ...
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