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A product was developed from a university research spinoff1 and the technology was then licensed to a big pharma company for production. Industry reports estimate that sales of this product in 2020 totaled 20 million doses at a price of $12 each. Now assume that since the product was developed at a university - it has the right to license one more vendor - your firm. They offer the license to your firm for $2 per dose. Your firm investigations suggests that you could produce for $5/dose. The question is whether your costs are low enough to withstand the competition that may arise with the pharma company. You are worried that the royalty to the University may give you higher costs than the pharma company, whose cost structure is kept closely guarded. We know very little other than the elasticity which is available from market research. The price elasticity of demand for this medicine is between -2 and -3

Question: Suppose competition between your firm and the pharma company drives the price down to the marginal cost of the high-cost producer. Would you make money at this price? How would you respond to the University?

What kind of monopoly is there in the coffee bean commodity? Who are the main producers and consumers of this commodity? How are the world economy and countries affected by it? I need to answer this question in an academic way with a source.

Suppose that there are 1000 agents with a positive willingness to pay for a good The agents are heterogenous in their willingness to pay. These willingness to pays are uniformly

distributed between 1 and 1000. Hence, someone has willingness to pay 1000, someone has willingness to pay

999, someone has willingness to pay 998,..., someone has willingness to pay 2, and someone has willingness

to pay 1.

The consumption of this good has a negative externality on others. The total size of this externality is

e(q) = 10004q for all q > 0 and e(q) = 0 for q = 0; where q is the number of agents consuming the good.

The good is produced by a competitive industry. The total cost of producing the good is T(qi) = 300qi for

all firms in the industry, where qi is the quantity produced by the firm.

a) Draw the market demand curve.

b) Draw the industry supply curve (in the absence of any taxes).

c) Solve for the competitive equilibrium allocation and price (in the absence of any taxes and other government

interventions).

d) Solve for the efficient allocation.

e) Solve for the optimal tax policy.

f) Calculate total surplus under three scenarios:

(1) when there is no government intervention,

(2) when government imposes the optimal tax,

and (3) when government bans the production of cars.

g)Calculate the deadweight loss associated with the competitive equilibrium in the absence of any govt intervention

95. The best way for people to obtain information about a variety of career fields and options is by A. accessing online employment services. B. joining social organizations. C. completing job applications. D. reading virtual textbooks. 96. Lucy, who works for the Green Corporation, is responsible for handling special events and responding to requests for information about the company. Lucy works in A. merchandising. B. marketing research. C. marketing communications. D. professional selling. 97. A job applicant can best answer an interviewer's questions if the applicant ____ during the interview. A. talks excessively B. reads brochures C. listens closely D. takes notes 98. What is the main purpose of writing a follow-up letter after a job interview? A. To send a reference list B. To thank the interviewer C. To ask for the job D. To forward a rsum 99. What type of information may be listed in the work experience section of a rsum if the person has had only a few paying jobs? A. Personal references B. Technical training C. Career objectives D. Volunteer positions 100. Entry-level positions provide employees with A. high salaries. B. basic job experience. C. few advancement opportunities. D. limited training.

[3:31 PM, 1/22/2022] Fridah: 77. If a business wants to send a mailing to customers in specific geographic regions, it should set the database query to sort its customer information by A. name. B. sales volume. C. state. D. street number. 78. Computer programs that allow businesses to manage all types of activities, such as inventory control and finance, are known as A. integrated software application packages. B. electronic communications programs. C. interactive information display packages. D. wireless connectivity programs. 79. What is an important consideration when selecting graphics and posting them on a business's website? A. Font size B. Download time C. Descriptive links D. Log files 80. Operations activities are most closely related to a business's A. taxes. B. name. C. product. D. location. 81. Who is responsible for making sure that a business is a healthy, hazard-free place to work that complies with government regulations? A. The employer B. Employees C. The government D. Local law enforcement 82. To prevent injuries when operating machinery, it is important to A. know standard first aid. B. purchase the most efficient equipment. C. purchase the newest equipment. D. follow the instruction manual. 83. What is the first thing an employee should do when s/he accidentally spills coffee in the tile hallway? A. Leave it for the cleaning crew B. Wait for the floor to dry C. Tell others about the spill D. Wipe it up immediately 84. Which of the following is a safety procedure that businesses use to track employees who must evacuate a building during an emergency: A. Training an employee to perform CPR if others are injured B. Assigning an employee to change the smoke-alarm batteries C. Requiring employees to call managers when they arrive home D. Designating a central meeting place for all employees 85. Jasmine owns a boutique on a busy street. Although her shop is small, it gets a lot of foot traffic, and she has many customers. Which of the following security procedures should Jasmine follow: A. Keep a large amount of cash in her cash register at all times. B. Have another person present when she opens up in the morning. C. Avoid making eye contact with customers who walk into the store. D. Keep the lighting dim to create an upscale moo 86. Which of the following is an aspect of any team proj