I want to know the answer to the following question:
What cost does IP rights allow companies to charge higher than?
All the background I'm provided with is that "While the application of IP rights can allow companies to charge higher than the marginal cost of production in order to recoup the costs of research and development, the price may exclude from the market anyone who cannot afford the cost of the product, in this case a life-saving drug. "". Is that enough to answer the question?
Answer: yes