wellness pharmaceuticals has released a new antidepressant, lexabuzac. which type of monopoly does the company most likely have on this medication?

Technological monopoly has happened when a selective firm commands production methods required to compose a specific commodity or has particular advantages over the technology employed to accomplish it. Technological monopolies vary from which based on vertical or horizontal stabilization which uniquely infers from the generation method itself.

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Parrain Parrain · Answer 2 · 2022-02-23T13:55:31+01:00

Based on the fact that only Wellness Pharmaceuticals are the ones releasing lexabuzac, this is a Technological monopoly.

What is a technological monopoly?

This is a monopoly that forms as a result of a company being the only ones that posses the technology capable of producing a certain good or service.

This allows them to be the only suppliers of the good in the market thereby creating a monopoly that can only end when another company figures out their technology or creates an alternate one.

In conclusion, this is technological monopoly.

Find out more on monopolies at https://brainly.com/question/18452440.