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How does the movement from a patented drug to a generic drug

Assignment Help Macroeconomics
Reference no: EM13201555

Discuss the market for pharmaceutical drugs.
Is the market for pharmaceutical drugs an oligopoly market or a monopolistically competitive market?
Discuss the importance and cost of research and development. Does every drug pay off?
Is strategic behavior important in this market?
Is product differentiation important in this market?
How does the movement from a patented drug to a generic drug affect this market?

Reference no: EM13201555

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