« previous next »

Author Question: Pharmaceutical companies receive patents as an exclusive right to produce a drug. This results in ... (Read 44 times)

WWatsford

  • Hero Member
  • *****
  • Posts: 539
    • Biology Forums!
on: Jul 1, 2018
Pharmaceutical companies receive patents as an exclusive right to produce a drug. This results in
 a. normal profits on the patented drug.
  b. monopoly status in the production of the drug.
  c. lower prices for patients requiring the drug.
  d. orphan drug status.
  e. fewer new chemical compounds discovered.

Question 2

A decrease in demand is represented by
 a. a shift outward of the entire demand curve.
  b. a shift inward of the entire demand curve.
  c. a movement along the demand curve in a southeasterly direction.
  d. a movement along the demand curve in a northwesterly direction.


Hikerman221

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Monitoring and Following Up on Laboratory Test Results Monitoring and Following Up on Laboratory Test Results
Drug Classification and Description of Use Drug Classification and Description of Use
Drug Classification and Description of Use Drug Classification and Description of Use
Drug Administration Guidelines with Enteral Feedings Drug Administration Guidelines with Enteral Feedings
Complement Activation and Results Complement Activation and Results
An electropherogram showing the results of a DNA profile analysis An electropherogram showing the results of a DNA profile analysis
Video: Retina

For a complete list of videos, visit our video library