Author Question: Pharmaceutical companies receive patents as an exclusive right to produce a drug. This results in ... (Read 63 times)

WWatsford

  • Hero Member
  • *****
  • Posts: 539
    • Biology Forums!
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
Answer to Question 1

B

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

For a complete list of videos, visit our video library