Development Economics (Audio)

Maximizing Profit Under Monopoly


Listen Later

AIDS has killed more than 36 million people worldwide. There are drugs available to treat AIDS, but the price of one pill is incredibly high in the U.S. — coming in at 25 times higher than its cost. Why is that? In this video, we show how patent rights...
...more
View all episodesView all episodes
Download on the App Store

Development Economics (Audio)By Marginal Revolution University