The market form for a new drug in an area where there are no competitors is a.

Question:

The market form for a new drug in an area where there are no competitors is

a. Perfect competition.

b. Monopolistic competition.

c. Oligopoly.

d. Monopoly.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Issues in Economics Today

ISBN: 978-1259746390

8th edition

Authors: Robert C. Guell

See More Books

Question Posted: Apr 24, 2018 02:41 AM

See More Questions

The market form for a new drug in an area that had one other drug is a. Perfect competition. b. Monopolistic competition. c. Oligopoly. d. Monopoly.
The annual demand for a new drug HealthyHeart is shown in the diagram below. The one-time cost of developing HealthyHeart is $2,000. Once the drug has been developed, the marginal cost of an...
The Strippling Drug Company has just obtained an important patent for a new drug that increases male virtility and cures male pattern baldness at the same time. Does this imply that Strippling has a...
11. Calculate the expected return and standard deviation for the risky portfolio on the CAL (with or without borrowing) and for the investor's complete portfolio on the CAL. 8(,1)% Std dev= 30 25 18...
Determine the running time of mergesort for a. Sorted input b. Reverse-ordered input c. Random input
Spool B is at rest and spool A is rotating at 6 rad/s when the slack in the cord connecting them is taken up. If the cord does not stretch, determine the angular velocity of each spool immediately...
The old deseasonalized forecast is 100 units, and the actual demand for the last month was 150 units. If the seasonal index for the last month is 1.2 and the next month is 0.8, calculate: a. The...
Duval Co. issues four-year bonds with a $100,000 par value on June 1, 2016, at a price of $95,948. The annual contract rate is 7%, and interest is paid semiannually on November 30 and May 31. 1....
Which international accounting standard primarily focuses on financial reporting for entities engaging in international activities? A. IFRS 9 - Financial Instruments B. IFRS 15 - Revenue from...
Jordan Sales Company (organized as a corporation on April 1, 2017) has completed the accounting cycle for the second year, ended March 31, 2019. Jordan also has completed a correct trial balance as...
What measures do governments use to promote exports and restrict imports? Who benefits and who loses from protectionist policies? What is the net outcome for society?
If Head Start were a good long-run investment from a strictly economic perspective, for current children enrolled in the program it would a. Make them happier. b. Help their parents with subsidized...
Prove that for ideal systems (constant relative volatility) with no interaction between an added noncondensable, nonsoluble gas and the condensable components, there is no effect of adding the...
there are some solbeed with direct materials. this one says direct labor. any help would be appreciated, ive been stuck Chapter 9 Homework Save 1.5 6 H 305 Parker Plastic, Incorporated, manufactures...
Give examples of applications where pumps might be connected in series. Give examples of applications where pumps might be connected in parallel. Drawing on the conclusions of earlier exercises,...
a truck company has 2 trucks, which are hired out day by day. The average number of trucks hired on a day follows a distribution with mean 1 . 5 . Identify the distribution and then find the...
Designand drive selectionfor a hydrostaticapplication.Choose anypropelledequipmentwithopen or closedloop HST. Includethepayloadand/or anymachinefunctionrequirementsfor the mobileequipment.A sketch...
A two stage air compressor with ideal intercooler pressure and perfect intercooling (what does this mean?) compresses air from 1 bar to 16 bar at the rate of 5 m3/min. Mechanical efficiency of the...
Factor each polynomial. a 4 - 625
Write the binomial probability in words. Then, use a continuity correction to convert the binomial probability to a normal distribution probability. P(x 110)
Identify when leadership may not be necessary.
Does charismatic/transformational leadership generalize across cultures?
Contrast leadership and power.
you are analyzing the cost of debt for a firm. Do you know that the firms 14 year maturity, 7.8 Percent coupon bonds are selling at a price of $834. The Barnes pay interest semi annually. If these...
***Please answer the following using excel and showcasing the formulas/calculations used*** thank you so much Financial information on AAA Ltd. is shown below. AAA Ltd. Income Statement For the Year...
2. In an account Anh Paglinawan currently has $216,670.00. At a rate of 8.00% how long will it take for them to have $298,390.00 assuming semi-annually compounding? (Hint: compute the exact years, do...

The market form for a new drug in an area where there are no competitors is a.

Question:

Step by Step Answer:

d Monopoly Explanation Monopoly power is particularly ...View the full answer

Issues in Economics Today

Students also viewed these Business questions