Multiple Choice
According to Richard T. De George in "Intellectual Property and Pharmaceutical Drugs: An Ethical Analysis" pharmaceutical companies justify their high profits by arguing that:
A) They are merely a business and as such have a right to their profits.
B) The market sets the price for drugs and that it is inherently inefficient to arbitrarily set prices.
C) The pharmaceutical industry is a risky business. They need high profits in order to secure investment needed for continued research and development.
D) The most expensive drugs always have cheaper alternatives and it is the choice of the consumer to determine if the added cost is justified.
Correct Answer:
Verified
Correct Answer:
Verified
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