Problem
1. How is efficiency related to the number of firms in an industry characterized by strong economies of scale?
2. During the 2001 anthrax scare, the U.S. government threatened to disregard Bayer's patent of ciprofloxacin, the most effective drug to fight anthrax, and license the production of the drug to American drug companies to stockpile the drug in case of an anthrax epidemic. While the policy would lower costs to the U.S. government of stockpiling the drug, it also would have other costs. What are those costs? (Difficult)
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.