Qwhy have generic drug companies been so successful explain

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Q. Why have generic drug companies been so successful? Explain what political conditions also economic conditions would cause a generic drug maker to go out of business?

Illustrate what is the difference among the short run as well as the long run for a perfectly competitive firm in terms of costs and profits? Explain why a perfectly competitive firm may continue to operate in the short-run even with a loss of profits.

Reference no: EM13354285

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