Poor countries assert that patented drugs are too expensive for most of their people to afford. The issue became especially noteworthy over drugs for AIDS sufferers in Africa. Monthly drug expenses are above average total income levels. Countries have been changing their drug laws to eliminate patent rights in certain cases. Do drug companies have an ethical duty to sell their products for the lowest possible price? Should countries abolish patent protection for drugs?

Principles of Economics, 7th Edition (MindTap Course List)
7th Edition
ISBN:9781285165875
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter22: Frontiers Of Microeconomics
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Legal Environment of Business

Unit 2 Chapter 9: Discussion

  1. Poor countries assert that patented drugs are too expensive for most of their people to afford. The issue became especially noteworthy over drugs for AIDS sufferers in Africa. Monthly drug expenses are above average total income levels. Countries have been changing their drug laws to eliminate patent rights in certain cases. Do drug companies have an ethical duty to sell their products for the lowest possible price? Should countries abolish patent protection for drugs?

I have to write a short paragraph with a Title. I am needing help with this short discussion assignment.

Unit 2 - Chapter 9 Discussion
O Available until Oct 10, 2021 11:59 PM. Access restricted after availability ends.
Poor countries assert that patented drugs are too expensive for
most of their people to afford. The issue became especially
noteworthy over drugs for AIDS sufferers in Africa. Monthly drug
expenses are above average total income levels. Countries have
been changing their drug laws to eliminate patent rights in certain
cases. Do drug companies have an ethical duty to sell their products
for the lowest possible price? Should countries abolish patent
protection for drugs?
Start a New Thread
Transcribed Image Text:Unit 2 - Chapter 9 Discussion O Available until Oct 10, 2021 11:59 PM. Access restricted after availability ends. Poor countries assert that patented drugs are too expensive for most of their people to afford. The issue became especially noteworthy over drugs for AIDS sufferers in Africa. Monthly drug expenses are above average total income levels. Countries have been changing their drug laws to eliminate patent rights in certain cases. Do drug companies have an ethical duty to sell their products for the lowest possible price? Should countries abolish patent protection for drugs? Start a New Thread
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