The government protects intellectual property rights by enforcing patents on new pharmaceutical drugs. suppose the government, by enforcing patent laws, prevents a new drug by merck from being copied by another company and made available at a dramatically reduced price. if you were a current consumer of this new pharmaceutical drug, you would initially beworse offas a result of the government's action. what are the implications for the next generation of pharmaceutical drug users?
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The government protects intellectual property rights by enforcing patents on new pharmaceutical drug...
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